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Mortgage Prequalification Calculator |
Wondering how much house you can comfortably afford? Our useful, free mortgage prequalification calculator can help you determine an
approximate house price. Contact Pennsylvania real estate agent Mike Budzius at mjbudzius@aol.com
for further assistance in determining the price range of your future new home.
Instructions:
- Fill in all fields above the "Submit" button and then click on that button when you have finished.
- Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols. For example, "ten thousand" should be entered as 10000 or 10000.00 but not 10,000 or 10,000.00 or $10,000.
- Enter monthly amounts for all income and expense items. For example, if your gross annual salary is $48,000, enter your "Salary/Wages" as 4000.
- Enter the loan term in years.
- Enter the interest rate as the following examples show: 8, not .08 or 8%; 7.5, not .075 or 7.5%.
The accuracy and applicability of this calculator is not guaranteed, actual values may vary slightly.
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