You can use this calculator as a guide to determine what the mortgage companies will allow you
to borrow and how much will you save on taxes. There are a lot of factors, of course, which will
ultimately determine how much your bank or mortgage company will loan you, but gross income and current
debt payments are the most heavily weighted qualifiers.
|Equal Housing Lender. Some products may not be available in all states. Restrictions apply. All rights reserved. Pre-qualification is neither pre-approval nor a commitment to lend; you must submit additional information for review and approval. Approval may be subject to rate increases, satisfactory title and appraisal review, and no change in financial condition. *Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.
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