Blog Economic Update Interest Rate News Employment Contact Us Home Real Estate Refinance Mortgage Purchasing a Home Calculators Helpful Information Order Title Insurance FAQ's Bankruptcy Workers' Comp Personal Injury Business Organizations Living Wills Estate Planning Aviation Law Family Law Social Security Disability Collections Lemon Law Collector Car Fraud Resumes Darrell C. Dethlefs Michael J. Pykosh Bryan W. Shook Contact Us Links Afford Calculator How much can I afford? See if you qualify Desired mortgage amount Mortgage length Years Interest % Annual property tax Total monthly payments not including mortgage (car, loans, credit cards, etc). Summary Monthly Principal + Interest Total Housing Payment (tax & insurance included) Required Salary Listed below are the basic guidelines of how our industry determines how much of a mortgage payment you qualify for. Your gross (before taxes) monthly salary should be greater than 28% of the sum of the monthly mortgage and monthly tax payments. Your gross (before taxes) monthly salary should be greater than 36% of the sum of the monthly mortgage, monthly tax and other monthly debt payments. Loan Calculators are tools designed to help you. However, I can help you know exactly what you qualify for. Please call me so that I can be of service to you.

Disclaimer: The information contained on this site is not intended to provide specific legal advice nor does it create an attorney-client relationship.

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