Ready to cash in your stock market gains and buy the house of
your dreams? Well, before you go sampling the waters at your local
mortgage companies, you can use this quick little calculator as a guide to what
the mortgage companies will allow you. There are a lot of factors, of
course, which will ultimately determine what your bank or mortgage company will
allow, but gross income and current debt payments are the most heavily weighted
qualifiers.
INSTRUCTIONS: Complete or change white entry
fields (gray fields are calculated automatically). The calculator will automatically
recalculate anytime you make a change to white field and then press the TAB
key.
NOTE: When making entries into the entry
boxes only numbers and decimal points are permitted. Typing in dollar
signs, commas, and other non-numeric characters will result in an error
message.
