Can I Buy This Home?

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Can I Buy This Home?
Quick Quote
What Size Home Can I Afford?

Find out in less than a minute if you are qualified to buy your dream home

STEP 1

Determine the remaining balance after a down payment has been made.

Asking / Offer Price

Percentage Down Payment (%)

Remaining Balance

STEP 2

Enter the rate you are interested in.

Estimated Interest Rate

STEP 3

The estimated monthly Principal and Interest (P&I) mortgage payment and estimated monthly Tax and Insurance (T&I) payment.

Monthly P&I Payment

Estimated Monthly T&I

STEP 4

The total monthly mortgage expense is calculated by adding Monthly P&I and Monthly T&I.

Total Monthly Mortgage Expense

STEP 5

Enter your TOTAL monthly debt payments for all "other" loans and credit cards.

Personal Loans

Car Loans

Credit Card

Total Monthly Debt Payments

STEP 6

Total Monthly Expense including the new mortgage payment. (Total Monthly Mortgage Expense + Total Monthly Debt Payments)

Total Monthly Expense

STEP 7

The GROSS Monthly Income (i.e pre-tax income) required to qualify for a loan with the selected down payment

Required GROSS Monthly Income

Required GROSS Annual Income

Calculate

STEP 8

Does the combined monthly income of all borrowers meet or exceed the result of Step 7?

Yes

CONGRATULATIONS - Because your income exceeds the required amount calculated in STEP 7 it is highly likely that you will qualify for this loan. Please continue to STEP 9.

PLEASE TRY AGAIN - Because your income does NOT meet the required amount calculated in STEP 7 it may be difficult for you to qualify for this loan. Try again with a smaller loan amount or a larger down payment. You can also request to get pre-qualified by a mortgage professional by using the form in STEP 9.

STEP 9

RECEIVE A COPY OF YOUR RESULTS

Send me a copy

Please send me a copy for my records

My Name

My Email Address

INSTA-SUCCESS

CONGRATULATIONS!

InstaQualify has already calculated the required income for you to buy this home.
To see your results and to unlock the rest of the features on this page enter your name and email.

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FULL NAME*

ZIP CODE*

PHONE

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