## Mortgage Qualification Calculator

This **mortgage qualification calculator** will help you find valuable information needed for your mortgage qualifications. You will need a few pieces of information with you to successfully find an accurate calculation. Some things you will need are insurance information and other loan information such as personal, car and student loans you may have.

Total Home Loan Amount ($) | |

Annual Interest Rate (%) | |

Term of the Loan (Years) | |

Property or Real Estate Taxes ($ / Year) | |

Homeowners Insurance ($ / Year) | |

Other Monthly Debt Obligations: | |

Personal Loans ($ / Month) | |

Association Fees / Dues ($ / Month) | |

Car Loans or Leases ($ / Month) | |

Student Loans ($ / Month) | |

Other Loans ($ / Month) | |

Calculator Results: | |

Payments Due on Mortgage ($/Month) | |

Monthly Payments Relating to the Home ($ / Month) | |

Total Other Monthly Debt Obligations ($ / Month) | |

Total of all Monthly Debt Payments ($) | |

Gross Annual Income Based on Rule of 28 ($ / Year) | |

Gross Annual Income Based on Rule of 36 ($ / Year) | |

The Mortgage Qualification calculator is easy to use with a few simple steps. Just type in your numbers and click CALCULATE.

The first step is to fill in your total home loan amount.

Next, enter your annual interest rate percentage.

Follow with the total loan term in years.

Add in your yearly property taxes next.

Followed by this, you will need your home owner's insurance policy to add in your insurance for a year.

The following few steps we will need your past loan information such as student, personal or car loans.Starting with any personal loans, type them in here.

Add any association fees or dues.

Follow with your car loans or leases.

Next add in any remaining student loans.

The last to add is any other loans you may have.

Finally click CALCULATE and you will get your information on your monthly payments and gross annual incomes and your free mortgage qualification calculator will show instant results.