Financial Calculators - Mortgage Qualification Calculator - Find out how much Mortgage you may Qualify For

Long & Foster Realtors - Blacksburg Virginia Realtors

The Stratton Team - Kay Stratton, Micole Grenier, Susan Erickson

Mortgage Qualification Calculator
This calculator will help you to determine how much house you can afford and/or qualify for. Complete or change the entry fields in the "Input" column of all three sections. The calculator will automatically recalculate anytime you press the Tab key after making a change to an input field. Your results will be displayed in the "Outputs" column. You can also create a printable amortization schedule.
Purchase Information	Inputs	Outputs
Purchase price:
Down payment:
Loan amount:
Annual interest rate:
Length of the mortgage in years:
Payment Information	Inputs	Outputs (Monthly)
Monthly principal & interest payment:
Annual property taxes:
Annual insurance:
Annual PMI:
Monthly association fees:
Monthly payment (PITI):
Tax deductible portion of payment:
Qualifying Information	Inputs	Outputs
Gross income:
Monthly debt payments:
Qualify for loan?:
Maximum qualifying loan amount:
Current Income to payment ratio (max = 28%):
Current debt to income ratio (max = 36%):

Longer term loans may take a few moments for the report to be generated. Results display in a pop-up window.

DISCLAIMER: The accuracy of these calculators and their applicability to your circumstances is not guaranteed. Our calculators are for demonstration purposes only and do not guarantee your ability obtain financing nor constitute financing acceptance. You should obtain personal advice from qualified loan professionals about your personal loan situation.

Exceeding Expectations
Serving the Real Estate Needs of Blacksburg, Christiansburg and Montgomery County, Virginia

Long & Foster Realtors Blacksburg, 3601 Holiday Lane, Blacksburg, VA 24060, Office 540.961.1010 ext 116