This is where you start to Pre-qualify yourself for a mortgage! All you have to do is simply fill in the blanks and you can adjust your entries for your “what if” scenarios. We have made it simple for you here with our “Exclusive Pre-Qualifying Mortgage Affordability Calculator”. Take the First Step to Homeownership.

Mortgage Affordability Calculator*

What is your Gross Monthly Income? i Total monthly income before taxes for the borrower(s) that will be on the mortgage application

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What is your Monthly Debt/Total Min Payment? iMonthly debt is considered the bills that should/do show up on a credit report (you had applied for credit/loan from a business/vendor). Excludes (do not include) items such as utilities, auto insurance, cell phones, health insurance, rent and etc.

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What is the Purchase Price? iWhat is the Purchase Price?

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How much are you going to put down? iConventional Mortgage requires a minimum of a 3% down payment of Purchase Price. FHA Mortgage requires a minimum of a 3.5% down payment of Purchase Price. FHA can have a gift from direct relative.

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How many years do you want for your mortgage? iHow many years do you want for your mortgage?

What Interest Rate are you looking for? iWhat Interest Rate are you looking for?

Have you found a Property? iHave you found a Property?

What is the Monthly HOA Fee? iMonthly Home/Condo Owners' Association Fee. If unknown leave as 0.00

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What is the Property Annual Real Estate Tax? iThe subject property Annual Property Tax Amount. If unknown leave as 0.00

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To continue using this calculator, please enter your First name, Last name and Email Address to register.

Conventional Loan

Principal & Interest Payment iPrincipal & Interest Payment

Taxes + Insurances + HOA iReal Estate Taxes + Homeowners Insurance + Private Mortgage Insurance + Homeowners Association Fee

Total Monthly Housing Payment iThis is Principal + Interest Payment + Real Estate Taxes + Insurances + HOA

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FHA Loan

Principal & Interest Payment iPrincipal & Interest Payment

Taxes + Insurances + HOA iReal Estate Taxes + Homeowners Insurance + Mortgage Insurance + Homeowners Association Fee

Total Monthly Housing Payment iThis is Principal + Interest Payment + Real Estate Taxes + Insurances + HOA

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Oops, we have a little situation here. Based on the numbers that you had entered, the calculation is not falling within the limits. All you have to do is go back and work with your numbers until you get ​that you qualify and the "Next Step" button will show.