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MAXIMUM AMOUNT OF LOAN YOU CAN QUALIFY FOR:

Gross Monthly Income
Salary or Wages BEFORE taxes:
Other Income:
Monthly Payments on EXISTING Obligations
Car Loan Payments:
Credit Card Payments:
Other monthly debts over 10 months:
Property Information
Annual estimate of Property Taxes:
Annual estimate of Insurance:
Monthly Homeowners Assoc. fee, if any:
New Loan Information
Term of loan in years:
Interest Rate:

These ratios to your TOTAL INCOME are used by most lenders
Qualify #AQualify using PITI + HOA only:
Qualify #BQualify using PITI + all other
monthly debt payments:

    


PLEASE NOTE: Many lenders will use the LOWER of the 2 scenarios. However, some lenders will loan based on the higher scenario. Also please note that some lenders use other ratios. (You can input different percentages if you like) Please realize that the above data is for information purposes only and the accuracy of the figures are not guaranteed. Each transaction will vary depending upon your personal circumstances. You should always obtain personal advice from qualified professionals before entering into a transaction.


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