Can I Buy This Home

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Can I Buy This Home?

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

Can I Buy This Home?

STEP 1

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

Asking / Offer Price

Percentage Down Payment (%)

Remaining Balance

STEP 2

The estimated monthly Principal and Interest (P&I) mortgage payment based on the “Remaining Balance”.

Monthly P&I Payment

STEP 3

The estimated monthly Tax and Insurance (T&I) payment.

Monthly T&I Payment

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

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 AND SHARE YOUR RESULTS

Send me a copy

Please send me a copy for my records

My Name

My Email Address

Pre-qualify

Please have an NMLS approved lender pre-qualify me so that I can be eligible to buy a home

My Name

My Email Address

Phone Number

Send a copy to a Real Estate Agent

Please send a copy to a Real Estate Agent

Agent Name

Agent Email Address

Property MLS#

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Can I Buy This Home?

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

Can I Buy This Home?

STEP 1

STEP 2

STEP 3

STEP 4

STEP 5

STEP 6

STEP 7

STEP 8

STEP 9

SUCCESS

CONGRATULATIONS!

We <img class="lazyload" decoding="async" style="width: 45px; margin: 0px 4px -15px;" src="https://bestmortgagerate.s3.amazonaws.com/wp-content/uploads/2022/07/05142721/BMR-we-love-low-rates-heart-only-curv.svg" alt="Love" /> Low Rates

Can I Buy This Home?

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

Can I Buy This Home?

STEP 1

STEP 2

STEP 3

STEP 4

STEP 5

STEP 6

STEP 7

STEP 8

STEP 9

SUCCESS

CONGRATULATIONS!

We Low Rates