if your income is sufficient to qualify
Mortgage for new home
Number of Years on Mortgage
Percentage of Mortgage
Taxes on your new Home
Monthly Payments in Non-Mortgage Debt (i.e.
car, student loans, credit cards, etc).
Housing Payment (tax & insurance incl).
Your salary must meet the following
The prequalification figures above are based upon
conventional program guidelines. Other loan programs
are available. Calculations by this tool are believed
to be accurate, yet are not guaranteed. Further
review is necessary to obtain an exact qualification."
you have less than 20% equity in your home, a
monthly mortgage insurance payment may be required