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How Much Can I Borrow?

Use the following calculator to determine the maximum monthly payment (P+I) and the maximum loan amount for which you may qualify.
Monthly Income
Salary/Wages
Other Income
Monthly Housing Expenses
Condo/Maintenance Fee
Property Taxes
Hazard Insurance
Other Monthly Expenses
Auto Payment
Credit Cards and Other Payments
Loan Term and Interest Rate
Loan Term Years
Interest Rate/APR %
   
Results
You may qualify for a maximum monthly mortgage payment (P+I) of
You may qualify for a maximum loan amount of

DISCLAIMER:
The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

 


Money Matters Midday- Starring June Knight and featuring our own Bob Kalagher every Wednesday morning beginning 12/2/2009 Money Matters Midday is a daily radio show that airs on 1390 WPLM-AM, 1120 WBNW AM and 970 WESO AM from 12:00 to 3:00 , covering most of Southern New England.
Hosted by June Knight.
Here's the link: http://moneymattersradio.net/

www.myclosingconnection.com

We lend in the following states : MA, RI, ME, NH, FL, CT
Massachusetts License MC3064 Rhode Island License Number 20051871LL
Maine License Number #SLM8280 Florida License ID: ML0600221
Licensed by the New Hampshire Banking Department,
First Mortgage Broker and Banker License No. 8882-MBB,
State of ConnecticutDepartment of Banking,
First Mortgage Lender/Broker No. 18804,
Second Mortgage Lender/Broker No. 18805

     
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