Mortgage Calculator

Use this form to get an estimate of how much of a mortgage for which you may qualify!

You'll need this information to complete the form:

Your annual salary and, if applicable, that of your co-borrower
- OR W-2 forms for the last two years for both borrowers and what you've both earned so far during the current year
- OR Hourly rates earned by both borrowers
Amount of loan payments paid per month
Total of all monthly credit card payments
Total of monthly car payments
Total of other monthly indebtedness, including child support, alimony, etc.
Amount of property taxes per month that you estimate you'll pay in the house you want to buy
Amount of homeowner's insurance per month that you estimate you'll pay in the house you want to buy

Then fill out this form completely. The form will fill in some of the figures. When you're finished, click on the "Submit Pre-qualification info" button. The pre-qualifying amounts will be returned to you.

This is only an estimate.
You may actually qualify for more than the amount returned. Use this information only as a guide.

Annual salary divided by 12 months:
Borrower 1 Borrower 2

OR Last 2 years W-2 income plus your year-to-date earnings divided by total number of months:
Borrower 1 Borrower 2
OR Hourly rate x 2080 divided by 12 months:
Borrower 1 Borrower 2

Monthly loan payments:
Monthly car payments:
Monthly child support paid:
Monthy alimony paid:
Monthly credit card payments: (use "minimum due" for each card, add them all, put sum here)
Monthly property taxes: Estimate payment for home you want to buy:
Monthly homeowner's insurance: Estimate payment for home you want to buy:
Private Mortgage Insurance: If you'll be making a down payment that's less than 20% of the home's selling price, you may also have to pay Private Mortgage Insurance. If this is true, check this box and your PMI payment will be estimated at $50.
Choose which mortgage term you'd like: 30-year 20-year 15-year 10-year
The Annual Percentage Rate for the mortgage: