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Mortgage Pre-Qualification Calculator

 
This utility will give you an estimated mortgage payment you will qualify for. Please contact Smitha, she knows lenders that can give you more exact information, answer any questions you might have. This consultation is Free and there is absolutely no obligation . 

Please do not include commas, decimal points, or dollar signs in the form.

Monthly Income

Salary (Gross): $
Self-Employment Income: $
Second Job: $
Dividends: $
Interest: $
Pension: $
Social Security: $
Rental Income: $
Child Support, etc: $
Other: $
Monthly Expenses

Car Payment: $
Furniture Loan: $
Appliances: $
Boat or RV Loan: $
Revolving Credit: $
Student Loan: $
Other: $

Pre-Qualification Ratio: 28/36 29/41

Results

Total Monthly Income: $
Total Monthly Expenses: $
Ratio 1 Max: $
Ratio 2 Max: $
Max Payment $

Ratio 1:  This is the maximum monthly payment a lender is likely to allow you to carry based on your income alone.

Ratio 2:  This is the maximum monthly payment a lender is likely to allow you to carry based on income minus payments.

However, this amount is based on the more generous second number in your ratio.


If you need more information about obtaining a mortgage, contact Smitha, she knows lenders that can answer any questions you might have. This consultation is Free and there is absolutely no obligation.

 

Fixed or Adjustable Mortgage?
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Pre-qualified or Pre-approved Buyers, A Big Difference
More News and Information


 



 

 
   


Equal Housing Opportunity
Smitha Ramchandani
Sales Associate | Weichert Realtors
73 Washington St | Morristown, NJ 07960
 Mobile) 973-953-7777 | Office) 973 455-1900 Ext. 122


 


 



 


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