Qualifying Rates Calculator

Purchase & Financing Information
Sale Price of Home:  
Percent (%) or $ Amt. Down:  
Term of Loan (in Years):  
Interest Rate (% of 100):  
Combined Hshld Mthly Gross Income:  
Monthly Auto Loan Payment:  
Other Recurring Payments:  



Mortgage & Payment Information
Dollar Amount Financed:  
Monthly Payment:  
Annual Loan Cost:  
Other Debt:  
TOTAL Monthly Debt:  

Qualifying Rate Information
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:  

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