Dana Point Real Estate | Orange County Real Estate | Southern California Real Estate

Tony Morrison | Lantern Bay Realty, Inc.

Mortgage Qualification Calculator

This calculator will help you to determine how much house you can afford and/or qualify for. Begin by clicking in the first entry field and follow the instructions that appear in the Help box.

Note: Keep in mind these are estimates only, there many other factors including credit history, lender policies, e.t.c.

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Purchase Information	Inputs	Outputs
Purchase price:
Down payment:
Loan amount:
Annual interest rate:
Length of the mortgage in years:
Payment Information	Inputs	Outputs (Monthly)
Monthly principal & interest payment:
Annual property taxes:
Annual insurance:
Annual PMI:
Monthly association fees:
Monthly payment (PITI):
Tax deductible portion of payment:
Qualifying Information	Inputs	Outputs
Gross income:
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.

Tony Morrison
Lantern Bay Realty, Inc.
Ph: 888-411-TONY(8669) - Fax: 866-291-1863
34179 Golden Lantern St. #103
Dana Point, CA 92629
DRE License # 01346460
www.comresagent.com