Income Qualification Calculator

Our income qualification calculator estimates the maximum monthly mortgage payment (P+I) and loan amount you will qualify for under current underwriting guidelines.

Instructions:

  1. Fill in all fields above the "Submit" button and then click on that button when you have finished.
  2. Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols. For example, "Twenty Thousand Two Hundred" should be entered as 20200.
  3. Enter Monthly amounts for all income and expense items. For example, if your gross annual salary is $36,000, enter your "Salary/Wages" as 3000.
  4. Enter the loan term in Years.
  5. Enter the interest rate as the following examples show: 9
    Do not
    use commas or % signs.
Monthly Income
Monthly Salary/Wages: $
Other Income: $
Housing Expenses
Monthly Property Taxes: $
Hazard Insurance: $
Other Expenses
Monthly Auto Payment: $
Credit Cards and Other Payments: $
Loan Term and Interest Rate
Loan Term:  Yrs.
Interest Rate:  %

  

You may qualify for a maximum
monthly mortgage payment (P+I) of:
$
You may qualify for a maximum
loan amount of:
$

To Print this page go to File menu and select Print.

Disclaimer: Our income qualification calculator is presented strictly for illustrative purposes. This is not an offer to lend. All results disclosed by the calculator are estimates, and assumes no liability or responsibility for computational errors.


Belgravia Financial Services
19732 MacArthur Blvd, Suite 140
Irvine, CA 92612
Phone: 714-225-2100
Fax: 714-225-2199
www.bfs-loans.com