31% Housing Ratio:
43% Debt/Income Ratio:
*Annual income needed to achieve respective ratios based on the payment you've calculated.
Be sure to include tax and insurance in your calculations for best results.
A conventional mortgage loan is generally considered a mortgage loan that meets guidelines established
by Fannie Mae and/or Freddie Mac.
Calculate an accurate payment that accounts for
various down payments, property
taxes, and homeowner's insurance.