Qualifying Rate

Qualifying Ratios

Sale Price of Home
Percent (%) or $ Amt. Down
Term of Loan (in Years)
Interest Rate (% of 100)

Dollar Amount Financed

Monthly Payment

Annual Loan Cost

Combined Hshld Mthly Gross Income
Monthly Auto Loan Payment
Other Recurring Payments Other Debt

TOTAL Monthly Debt

RATIO OF HOUSING COST TO INCOME % This value should be <= 28% for conventional loans, and <= 29% for HUD/FHA loans
RATIO OF (HOUSING COST + DEBT) TO INCOME %
This value should be <= 36% for conventional loans, and <= 41% for HUD/FHA loans
MINIMUM MONTHLY INCOME NEEDED TO QUALIFY

If you have any questions or comments about the these tools e-mail us!


Qualifying Ratios

Sale Price of Home Percent (%) or $ Amt. Down Term of Loan (in Years) Interest Rate (% of 100)	Dollar Amount Financed Monthly Payment Annual Loan Cost
Combined Hshld Mthly Gross Income Monthly Auto Loan Payment Other Recurring Payments	Other Debt TOTAL Monthly Debt

RATIO OF HOUSING COST TO INCOME % This value should be <= 28% for conventional loans, and <= 29% for HUD/FHA loans RATIO OF (HOUSING COST + DEBT) TO INCOME % This value should be <= 36% for conventional loans, and <= 41% for HUD/FHA loans MINIMUM MONTHLY INCOME NEEDED TO QUALIFY
If you have any questions or comments about the these tools e-mail us!