How much can I afford?
See if you qualify
Desired mortgage amount
Mortgage length Years
Interest %
Annual property tax
Total monthly payments
not including mortgage (car, loans, minimum credit cards pymt , phone, electric, water, etc).
 
Summary
Monthly Principal + Interest
Total Housing Payment (tax & insurance included)
Required Salary

Listed below are the basic guidelines of how our industry determines how much of a mortgage payment you qualify for.

  1. Your  housing allowance should be approximately 28% of your gross (before taxes) monthly salary.
  2. Your total monthly obligation allowance should be 36% of your gross monthly salary (before taxes).

Loan Calculators are only general tools designed to  guide you. Our professional staff is here to help you qualify for your home .  IN MANY CASES, YOU CAN QUALIFY FOR UP TO 50% HOUSING AND / OR TOTAL DEBT TO INCOME RATIO!
*Please contact us to see if you qualify for one of these programs.
 
Katrina Madewell, Inc 3111 W Dr. Martin Luther King Jr. Blvd. Suite #100, Tampa, FL 33607  - (813) 936-2302 (813) 936-2342 fax