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How Much Can I Afford?
Mortgage Payment Calculator
Should I Refinance?
How Long Will My Mortgage Last?
30 Year vs 15 Year
Home
Loan Programs
Get Pre-Qualified
Calculators
Purchasing a Home
Online Documents
This calculator can be used to give you a ballpark of how large of a loan amount you could qualify for by evaluating your income, monthly expenses, and determining what your monthly payment amount would be. It does not assume any down payment. Contact one of our mortgage consultants for more information.
1. Borrower Income
Enter
monthly
income for each borrower on the loan.
Borrower 1
$
Borrower 2
$
2. Monthly Expenses
Only enter minimum
monthly
obligations, even if you pay your bills in full every month.
Car Loans
$
Student Loans
$
Credit Cards
$
Total Other
$
3. Housing Expenses
These are estimates in terms of what you can expect to pay on an
annual
basis.
Yearly property taxes
$
Yearly Homeowners Insurance/Condo Dues
$
If first time home buyer and unsure, enter $1000. For more accurate estimates, contact Darien Financial Services, Inc.
Term of Loan in Years
Estimated Annual Interest Rate
%
Summary:
This is a rough estimate in terms of the information that you have provided. Do not take this information as a final answer. Working with an Experienced Mortgage Consultant at Darien Financial Services, Inc. will provide you with a much more accurate picture of what you can afford. Contact us today.
Total Monthly Income:
$
Total Expenses Outside of Housing:
$
Total Housing Expense outside of P+I:
$
Total P+I available:
$
Total Loan Amount available:
$
3/1 ARM
4.125%
5/1 ARM
3.375%
15 Year Fixed
4.125%
30 Year Fixed
4.625%
3/1 ARM
4.125%
5/1 ARM
3.5%
15 Year Fixed
4.375%
30 Year Fixed
5%
5/26/10 11:20am
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