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Sue Harragan |South Coast GMAC

Mortgage Qualification Calculator

This calculator will help you to determine how much house you can afford and/or qualify for. Begin by clicking in the first entry field and follow the instructions that appear in the Help box.

Note: Keep in mind these are estimates only, there many other factors including credit history, lender policies, e.t.c.

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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.

visitors since 10/9/2007

Sue Harragan
South Coast GMAC
Ph: 1-800-660-9140 ext. 328 - Fax: 1-866-807-7564
6080 Center Drive 6th Floor
Los Angeles, CA 90045
www.yourhousesoldresource.com

License #01493950

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