Mortgage Income Calculator

The Mortgage Income Calculator will determine the income required to qualify for the specific loan using the specified qualification ratios. If you are not sure what ratio a particular lender uses, keep the values at 28/36 which is considered more conservative.

Annual Interest Rate

(%)

Amortization Length

(Years)

Expected Annual Property Tax

(%)

Expected Annual Home Insurance

(%)

Expected Monthly Debt Payments

($)

Sale Price of Home

($)

Principal Loan Balance

($)

Lender's Qualification Ratios

Note: The Mortgage income calculator is only provided as a rough guideline for loan qualification. Many factors, including borrower credit history, are used by lenders in making their loan decisions.