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Typically, your required monthly salary should be greater than 28% of the sum of the monthly mortgage and monthly tax payments. In addition, it must be greater than 35% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

Desired Mortgage
Enter the amount of the home you wish to purchase.
How Long
Enter the number of years you wish to finance for.
Yearly Mortgage Rate(%)
Enter the current mortgage percentage.
Estimated Property Taxes
Enter the estimated amount of property taxes.
Other Debt.
Enter the total yearly debt (i.e. Car payments, etc.)
Monthly Mortgage
Payments		 Total Monthly
Payments		 Required Yearly
Salary
This mortgage qualifier is designed to provide you with general information only.
The information generated on this form is believed to be accurate but is not guaranteed.

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