Mortgage Qualification Calculator - Income Requirements

How to use our mortgage qualification calculator.

Enter the values below. The calculator will try to calculate what kind of income lenders will expect you to be making to qualify for the specific values. Property tax and home insurance numbers will, of course, vary from loan to loan, so these results should be used only as a benchmark as to what an individual lender would qualify you for.

Learn how much income you'll need to cover monthly costs


Please enter mortgage payment greater than 0

Please enter property tax greater than 0

Please enter insurance cost greater than 0

Please enter monthly bill greater than 0

(Auto Loans, Student Loans, Credit Cards, Etc.)

Please enter purchase price greater than 0

Please enter down payment greater than 0

Results of Your Calculation
Total monthly lender payment
Total monthly debt payment
Total monthly PMI payment (.5% a year on - loan, since your down payment was -)
28% Qualifying income
36% Qualifying income