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Qualification Calculator

See how much you need to make to qualify for a certain loan amount

Desired Loan Amount

Years

Interest Rate

Annual Property Taxes on your new Home

Total Monthly Payments in Non-Mortgage Debt (i.e. car, student loans, credit cards, etc).

Summary

Monthly Payment (Principal & Interest only)
Total Housing Payment (tax & insurance incl).
Required Salary


Estimated required salary is based on conservative traditional underwriting guidelines.  If you do not meet the estimated required salary computed, you should not assume you will not qualify.  Many factors are involved in a loan approval, including down payment, prior credit history, and assets, among other things.   

DISCLAIMER: The prequalification figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification.

If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

StatewideHomeGrants.com sponsored by:
CJH Home Lending
Seattle, WA 98144
206-322-5365
206-229-3863

Chad Humphrey
Branch Principal
Residential Sales and Lending Solutions
206-322-5365 office
206-229-3863 cell
Dustin Bruce
Associate
425-338-7173 office
206-719-1061 cell

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