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How Much Income do I Need to Qualify? How Much Do I need To Make To Buy a House?
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How Much Income Do I Need to Qualify?
Input
Property Info
Home Value
($)
Loan Info
Downpayment
($)
(%)
Interest
(%)
Loan Length
(Yrs)
Estimated Front Ratio
(%)
Estimated Back Ratio
(%)
Taxes and Insurance
Annual Property Taxes
($)
(%)
Annual Insurance
($)
(%)
Annual PMI
($)
(%)
Show amortization table
Financial Analysis
Monthly Payment
$1,403.71
Monthly Property Taxes
$250.00
Monthly Insurance
$125.00
Loan to Value
90.000%
Months with PMI
93
Monthly PMI
$93.75
Total Monthly Payment
$1,872.46
Allowable Debt Payment
$1,486.08
Required Income
$6,687.35