Premier Custom Homes :|: North Wildwood, NJ

Calculators

How much can I afford?


HOW MUCH CAN I AFFORD?

PROPERTY INFORMATION
AMOUNT FINANCED
MORTGAGE LENGTH	YEARS
INTEREST RATE	%
ANNUAL TAXES
MONTHLY DEBT


RESULTS
MONTHLY PRINCIPAL & INTEREST
TOTAL HOUSING PAYMENT (tax & insurance included)
Required Salary

Your salary must meet the following two conditions: Your gross (pre-taxes) monthly salary must be greater than 28% of the sum of the monthly mortgage and monthly tax payments. Your gross (pre-taxes) monthly salary must be greater than 35% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

DISCLAIMER
The prequalification figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. The information provided reflects estimates of the monthly payments you are likely to incur. The actual payments may be more or less. The tax rates, interest rates and insurance rates may be more or less than displayed. Your payment may include additional charges depending on your transaction. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required. Consult your Loan Officer for detailed information.