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Exclusive Mortgage Pre-Qualify Calculator

Congratulations!!! 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 Calculator”. Take the First Step to Homeownership.

Please enter your name and email address for security reasons. The calculator will not provide your results without your information.

PQ Mortgage 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 Name,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

i

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.

If you have any questions or concerns you may contact me directly on my cell phone and I will be happy to help you.

*Disclosure: Unlimited Mortgage Lending, LLC (UML) provides this calculator as a courtesy to you in order to estimate your financial needs. UML makes no warranty of the accuracy of this calculator and its applicability to your circumstances is not guaranteed. *Monthly property tax and insurance amounts are estimates only. Actual property tax and insurance amounts may be higher than the estimates shown. UML encourages you to consult with your own financial advisor regarding questions specific to your financial situation.

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