Qualification Calculator
Please Provide Input in Yellow Fields
Monthly Combined Gross Income........................
Income Qual Ratio (lower is better).....................
28%
29%
30%
31%
32%
33%
34%
35%
36%
37%
38%
39%
Maximum Monthly Payment Per Front Ratio
Monthly Gross Income
Debt Ratio (Lower is better).................................
36%
37%
38%
39%
40%
41%
42%
43%
44%
45%
46%
47%
48%
49%
50%
Maximum Monthly payment before other Debt
Other Monthly Debt (Credit cards, Auto, etc.).....
Linda & Chuck Heubach, CRS
Maximum Monthly Payment
per debt ratio
952-931-9008
Maximum Monthly Payment Allowed
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Don't Forget about the First Time Homeuyer Tax Credit!!!
Yearly Property Tax...............................................
Yearly Hazard Insurance Premium.......................
Monthly Home Owners Association Fee (HOA)..
Less Monthly tax, insurance, & HOA Fee
Maximum Principal & Interest (P&I)
Interest Rate...........................................................
Term of Mortgage..................................................
Mortgage Amount
Plus Down Payment...............................................
Maximum Qualifed Sales Price
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