Thursday, September 02, 2010   |  Newsletter Sign up»
CheckRates.com Home Page
Home Mortgages Insurance Credit Cards Student Loans Credit Reports Wireless Satellite TV Blog  

How Much Income Do I Need to Qualify?

Input
Property Info
Home Value ($)
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio (%)
Estimated Back Ratio (%)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,403.71
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Loan to Value 90.000%
Months with PMI 93
Monthly PMI $93.75
Total Monthly Payment $1,872.46
Allowable Debt Payment $1,486.08
Required Income $6,687.35

We want to hear from you

Have a bad experience with your local or national provider? Tells us your story or share an experience. We're here to help you make wise decisions.

VIEW ALL |  POST NOW
Top Rated Articles
 
FHA Alert: New Upfront & Annual MIPs Go Live in Se
Glut of Houses Holds Back Housing Market, Economy
Don' Buy a Car Without Service Records
Florida Settles Suit With Student Loan Firm
Udall, Markey take on credit card companies

View all articles
Average Rates
 
30 Year Fixed: 3.50%
15 Year Fixed: 2.63%
5 Year ARM: 2.25%

From CheckRate.com Brokers