DISCOUNT-REALTOR - Prequalification Calculator

Payment/Pre-Qualification Calculator

(The data you enter will NOT be transmitted over the Internet.)

P&I PAYMENTS FOR EACH $1K BORROWED
Rate	6.0	6.5	7.0	7.25	7.5	7.75	8.0	8.25	8.5	8.75	9.0	9.5	10.0
30 YRS	6.00	6.32	6.65	6.82	6.99	7.16	7.34	7.51	7.69	7.87	8.05	8.41	8.78
15 YRS	8.44	8.71	8.99	9.13	9.27	9.41	9.56	9.70	9.85	9.99	10.14	10.44	10.75

1. Enter Income, Debt & Home Purchase Info.

2. Calculate Payments

3. View Estimated Monthly Payments

Gross Monthly Income

Principal & Interest Payment

Monthly Debt
(If you are not retaining your current residence, exclude your current housing costs.)

Homeowners Insurance
(Insuring amount borrowed)

Home Purchase Price

Property Taxes

Down Payment

4. Interpret Results

Total Housing Pymt

Estimated Interest Rate

Front Ratio
(Percentage of gross monthly income that will go towards housing debt.)

Years To Repay

Back Ratio
(Percentage of gross monthly income that will go towards all debt.)

Notes: Monthly insurance and taxes are estimated. See your local insurance agent and taxing authority for rates in your area. Applicable mandatory homeowners association would be considered, but are not included in the above calculations. This tool is for estimation purposes only. Contact a mortgage professional for a complete prequalification analysis.