Home Affordablility Worksheet
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| Income & Loan Information |
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* Monthly Gross Income: |
$
|
* Interest Rate: |
%
|
* Years : |
|
Amount of Morgage would qualify for without any other debt |
* Monthly gross income x Front-end ration (25, 28, 33): |
%
|
= Maximum House Payment: |
$
|
* Estimated monthly tax & insurance: |
$
|
= Payment w/o tax & insurance: |
$
|
= Mortgage Amount: |
$
|
Amount of Morgage would qualify for with debt |
* Monthly gross income x Front-end ration (25, 28, 33): |
%
|
= Maximum House Payment: |
$
|
* Estimated monthly tax & insurance: |
$
|
* Total monthly debt: |
$
|
= Payment w/o tax & insurance: |
$
|
= Mortgage Amount: |
$
|
| |
|
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