See How Much House You Can Afford

Enter Annual Household Income

Monthly Household Income

Enter Monthly assoc. dues, etc

Enter Monthly Insurance

Enter Monthly Installment Payments

Enter Misc. Monthly Payments

Enter Monthly Tax Payments

Enter Length of Mortgage in MONTHS (30 years equals 360 months)

Enter Down Payment

Enter Monthly PMI (mortgage insurance)

Enter PITI Debt Ratio as a percent (enter 28-55)

Enter Max Debt Ratio as a percent (enter 36-55)

Enter Yearly Interest Rate as a Percent

Monthly Interest Rate

The Calculated Value of Maximum Mortgage Payment (using PITI)

The Calculated Value of the Monthly Payment Using Max Debt Ratio

  The PITI Debt Ratio & the Max Debt Ratios can both go as high as 55% on some programs.

More common ratios are 28/36 Fannie Mae conforming, 31/43 FHA,  41/41 VA

 

Calculated Value of the Monthly Payment

Size of Mortgage

Maximum House Value

Loan to Value Ratio

Automatic recalculation 

 

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