How Much Can I Borrow and Save on Taxes?

You can use this calculator as a guide to determine what the mortgage companies will allow you to borrow and how much will you save on taxes. There are a lot of factors, of course, which will ultimately determine how much your bank or mortgage company will loan you, but gross income and current debt payments are the most heavily weighted qualifiers.

Property and Loan Information:
Down Payment (expected): percent of the property value	%
Loan Term:	years
Annual Interest Rate:	%
Annual Property Taxes:	$
Annual Insurance:	$
Annual Private Mortgage Insurance (PMI):	$
Monthly Income:
Earnings Before Taxes:	$
Investments Income Before Taxes:	$
Other Income Before Taxes:	$
Monthly Debt:
Auto Loans:	$
Student Loans:	$
Alimony, Children Support:	$
Outstanding Balance on Credit Cards:	$
Other Debt:	$

NOTICE: This calculator assumes conventional financing for all calculations however the final amounts may be different depending on your circumstances. To ensure accuracy it is recommended you obtain personal advice from qualified professionals.