San Diego Home Buyer Tips: Calculators - Home Affordability

Calculators - Home Affordability

Use our home affordability calculator to see how much monthly income you need to qualify for a home loan to purchase the home of your dreams.

Give us a call at 619-921-0284 if you need help finding the right loan officer. Our broker or one of its affiliates will help you obtain the new loan for purchasing your home or refinancing your existing home loan.


Qualifying Ratios


Sale Price of Home Amount Financed
Percent (%) of sale price or Fixed $ amount Monthly Payment
Loan Term (in Years) Annual Loan Cost
Interest Rate (% of 100)
Monthly Gross Income Other Debt
Monthly Car Loan Payment TOTAL Monthly Debt
Other Monthly Payments



RATIO OF HOUSING COST TO INCOME
This value should be <= 28% for conventional loans, and <= 29% for HUD/FHA loans
%
 
RATIO OF (HOUSING COST + DEBT) TO INCOME
This value should be <= 36% for conventional loans, and <= 41% for HUD/FHA loans
%
 
MINIMUM MONTHLY INCOME NEEDED TO QUALIFY $


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