1
Your Income
Use your gross (pre-tax) income. W-2 employees: annual salary ÷ 12. Self-employed: 2-year average net income from tax returns ÷ 12. Include all documented income: base salary, consistent overtime (2yr history), part-time, rental income, and child support/alimony received.
$
Co-Borrower Income
$
Use the same gross monthly income methodology above.
2
Your Monthly Debts
Include minimum monthly payments that appear on your credit report. Do not include utilities, subscriptions, groceries, insurance premiums, or cell phone bills — these are not counted in mortgage qualification.
Car Payment(s)
$
Student Loans
If in deferment, lenders use 0.5–1% of balance/mo
$
Credit Card Minimums
Minimum payment, not balance
$
Personal Loan / Installment
$
Child Support / Alimony Paid
Paid obligations count as debt
$
Other Monthly Debt
$
3
Loan Parameters
3–20%+ down · Min 620 FICO · No upfront MIP
30-yr fixed. Your actual rate depends on credit score, down payment & lender.
Most loan programs require a minimum 580–620 score. Your options may be limited — contact Wes to discuss your specific situation.
Your results appear here
Enter your gross monthly income above to see your estimated qualification range.