This mortgage calculator uses a standard mortgage repayment formula to estimate the monthly payments or interest rate based on the amount borrowed and the length o ...
This article is no longer being updated. A new version of the mortgage calculator is available here. Mortgage interest rates have risen sharply over the past six months after years of historic lows.
Another general rule of thumb: All your monthly home payments should not exceed 36% of your gross monthly income. This calculator can give you a general idea of what size mortgage you can afford.
We calculate this based on a simple income multiple, but, in reality, it's much more complex. When you apply for a mortgage, lenders calculate how much they'll lend based on both your income and your ...
Blue Sage Solutions’ digital lending platform has become the first loan origination system to fully integrate with Fannie Mae’s income calculator. Read on to learn more.