B. How Much Can You Afford?
Conforming lenders use the 28% and 36% debt-to-income ratio in qualifying residential borrowers.* 28% being the maximum for borrowing expense and the latter percentage for total indebtedness. We have access to lenders who use higher percentages for qualified purchasers.
*Predicated on gross monthly income.
If you already know your price range, click here for the loan amount calculator to get a monthly payment. Below, type in your desired monthly payment and our calculator will determine the loan you can afford.
What size mortgage loan can I qualify for?
Loan Term Years
Once you find a purchase price that you feel comfortable with, please fill out our quick information form and we will be happy to contact you regarding homes in the our area to match your budget goals.
A. Before you Buy | B. How Much Can You Afford? | C. Community Profile
