Mortgage Qualification Ready to cash in your stock market gains and buy the house of your dreams?  Well, before you go sampling the waters at your local mortgage companies, you can use this quick little calculator as a guide to what the mortgage companies will allow you.  There are a lot of factors, of course, which will ultimately determine what your bank or mortgage company will allow, but gross income and current debt payments are the most heavily weighted qualifiers.   Instructions: Complete or change white entry fields (gray fields are calculated automatically). The calculator will automatically recalculate anytime you make a change to white field and then press the TAB key.  Note: When making entries into the entry boxes only numbers and decimal points are permitted. Typing in dollar signs, commas, and other non-numeric characters will result in an error message.	TAX   Tax Estimator BORROWING   Loan Amortization   Loan Comparison   Missing Loan Term   Debt  Consolidation INVESTMENT   Portfolio Mix   Compounding Interval   Single Future Value   Periodic Future Value   Savings Time   Savings Goal   Lump Sum Savings   Retirement Savings   IRA Distributions   College Funding MORTGAGE   Mortgage Qualification   Bi-Weekly Mortgage   Mortgage Refinancing   Payoff Goal   Rent vs. Buy BUDGETING   Net Worth   Cash Flow   Expense Percentage   Wage Conversion   Irregular Payments   Credit Card Payment   Debt Investment   Average Interest Rate   Real Hourly Wage   Lifetime Earnings   Generic Savings   Car Cost Comparison   Transportation Savings
	Purchase Information   Purchase Price: Down Payment: % $ Loan amount: Interest Rate: Length of the Mortgage in years:   Payment Information   Principal & Interest: Annual Property Taxes:       % $ Annual Insurance:      % $ Annual PMI:       % $ Monthly association fees: Monthly Payment (PITI): Tax deductable portion of payment:   Qualifying Information   Gross income: Annually Monthly Monthly debt payments: Qualify for loan?: Maximum qualifying loan amount: Current Income to Payment     Ratio (max = 28%): Current Debt to Income Ratio     (max = 36%):     Longer term loans may take a few moments for the report to be generated.
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