Small Business Accountants, Inc
Mortgage Qualifier Calculator

Mortgage Amount Balance to be financed after down payment.
Mortgage Term in years Number of years over which mortgage payments are scheduled.
Mortgage Interest Rate (%) Mortgage Interest Rate Percentage. Currently about 7.50 (%) for excellent credit history.
Yearly Property Taxes Available from your real estate agent or the County Tax Assessor
Other Debt Other Monthly DEBT (Auto, Charge Cards, Bank Loan ...)

DO NOT include: utilities, insurance premiums or average expense for food, clothing, etc.
Total Debt Ratio Total DEBT Ratio % (see below)
Mortgage Ratio Total MORTGAGE Ratio % (see below)

Calculated Results are given below:
(VALUES IN THE FIELDS BELOW ARE CALCULATED FOR YOU.)

Your monthly payment would be $ .

Your total monthly expenses with the mortgage would be $ .

To qualify for a mortgage of this size you would have to show an annual household income of $ .
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