Notes: This version of the Mortgage Qualification Calculator (V1.1.2) does not require an entry into the down payment field, as the down payment is not a deciding factor in the qualification computations. 

Please note that you can make the ratio fields "hidden" if you don't want the user to be able to alter them (ratios will become fixed defaults).

Question: How much house can I afford?
Mortgage Qualification Calculator V1.1.2
This calculator will help you to determine how much house you can afford and/or qualify for.

Begin by clicking in the first entry field and follow the instructions that appear in the Help box.

Gross annual income: Explain/Instruct
Monthly debt payments:
Down payment:
Annual interest rate:
Monthly Private Mortgage Insurance (PMI %):
Monthly insurance:
Annual property tax percentage(%):
Length of the mortgage:
Maximum mortgage payment to income ratio (%):
Maximum debt payments to income ratio (%):
? Down payment: Explain/Instruct
? Loan Amount:
? Home Price:
? Monthly PMI payment:
? Monthly insurance payment:
? Monthly property tax payment:
? Monthly principal & interest payment (P&I):
? Total monthly cash outflow:
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