Do you want to find out if your income qualifies you for the home you
want? Simply fill in the fields below and click the "Calculate Now!"
button. Your results will appear to the left.
Desired Mortgage Amount:
$
Mortgage Length:
years
Interest Rate:
%
Expected Annual Tax:
$
Total Monthly Payments:
(non-mortgage payments)
$
Monthly Principle + Interest:
$
Total Housing Payment:
$
Required Salary:
$
Your salary must meet the following two conditions:
1) Your gross (pre-taxes) monthly salary must be greater than 28% of the
sum of the monthly mortgage and monthly tax payments.
2) Your gross (pre-taxes) monthly salary must be greater than 35% of the
sum of the monthly mortgage, monthly tax and other monthly debt
payments.
This site presented by:
David Woodson
, Your Mortgage Consultant for Life
| Indigo Financial Group
| (219)872-8000
| info@indigofg.com
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ProfitBuilder Web Marketing Strategies