Mortgage Qualifier

The first step in buying a house is determining your budget. This calculator steps you through the process of finding out how much you can borrow. Fill in the entry fields and click on the "View Report" button to see a complete amortization schedule of your mortgage payments.   Income Annual Monthly Housing cost ratio Salary or wages Total debt service ratio Other salary or wages Estimated monthly escrow payment Rental income Homeowner's insurance, if applicable Investment income Homeowner's dues and other fees, if any Additional income Annual interest rate (e.g., 7.125) Total Income Duration of loan (in years)             Long-Term Debts Monthly Annual     Car loan payments     Credit card payments       Other loan payment       Other loan payment       Total Debts