Mortgage Qualification Calculator

Note: the required salary must meet the following two conditions:

the monthly salary must be greater than 28% of the sum of the monthly mortgage and monthly tax payments.
the monthly salary must be greater than 35% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

Desired Mortgage		Desired Mortgage for new home
Years of Mortgage		Total Number of Years on Mortgage
Yearly Mortgage Rate (%)		Interest Percentage of Mortgage
Yearly Property Taxes		Property Taxes on your new Home
Other Debt.		Other Yearly Debt (School, Car, ...)

	Summary
Mortgage Payments	Total Payments	Required Salary