Our income qualification calculator estimates the maximum monthly mortgage payment and interest (P+I) you will qualify for under current Fannie Mae underwriting guidelines.

Monthly Income
Salary/Wages: $
Other Income:
$
Monthly Expenses
Auto Payment: $
Installment
Loans:
$
Credit Cards: $ Child Support &
Other Payments:		 $
Loan Term and Interest Rate
Loan Term: Yr.
Interest Rate:
%
 
You may qualify for a maximum
monthly mortgage payment (P+I) of:
$
You may qualify for a
maximum loan amount of:
$
  • Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols. For example, "ten thousand" should be entered as 10000 or 10000.00 but not 10,000 or 10,000.00 or $10,000.
  • You must provide a numeric number in all fields. Use "0" if N/A
  • Enter monthly amounts for all income and expense items. For example, if your gross annual salary is $48,000, enter your "Salary/wages" as 4000.
  • Enter the loan term in years.
  • Enter the interest rate as the following examples show: 8, not .08 or 8%; 7.5, not .075 or 7.5%.
  • Please consult an Alpha mortgage representative at
    (303) 758-3755 to verify your ability to pre qualify.

 

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