Fitchburg Homes, Leominster Homes, Lunenburg Homes, New Construction

Champa Realty, Inc.

In Business for over 60 years!

	978-343-4414 phone

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.

« Back to Calculators

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.