MLS Mortgage Group

MLS Mortgage Group
Phone: 612.789.LOAN (5626)
FAX: 612.781.7920
Info@MLSMortgageGroup.com

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How Much Home Can You Afford?

Do you want to know if your income qualifies you for the home you want? Simply fill in the fields below and click the "Calculate Now!" button. Your results will appear below.

Monthly Income
Monthly Housing Expenses
Salargy / Wages $ Property Taxes:
$
Other Income: $ Hazard Insurance:
$
 
Other Monthly Expenses
Loan Term & Interest Rate
Auto Payment: $ Loan Term:   Years
Credit Cards / Other: $ Interest Rate:   %
 
 
Results:
You may qualify for a maximum monthly payment (principle + interest) of:
$
You may qualify for a maximum loan amount of:
$

DISCLAIMER: The 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. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.