Income Estimator

 

The Income Estimator calculates the minimum amount of income and the maximum amount of debt needed to qualify for a mortgage at a specific rate.

If the borrower’s debt exceeds the maximum amount, an increase in income is needed.

Other factors not considered in this form determine whether a person qualifies for a loan that are not considered in this form such as credit score, references, length of credit, ability to repay, and the property’s ability to secure the loan