Borrowers Debt Ratio Calculator

The remaining fields are self-explanatory, but you must enter a zero in any field where you don't have a monthly payment.
No fields can be left blank! (0's may be used for non-applicable categories).

Ratios are what the lenders look at to determine if you will get a loan or not.

Your Values

Total # of Payments
(30-Years x 12-Months = '360' Payments)

Interest Rate (6.5 or 7) (Do Not Input the % Sign)

The Homes Purchase Price

The Loan Amount (if different from Purchase Price)

Total Household Gross Monthly Income

Real Estate Taxes (1% of Your Total Purchase Price)

Homeowner's Insurance (Fire Insurance)

Private Mortgage Insurance
Used on 100% Purchase Home Loans or a More Than 80% Loan on Any Home.
For example $100,000.00 = $90 Per Month.

HOA Dues (For Condo or HOA Associations Only)

Total Monthly Car Payments (If Anyy)

Alimony / Child Support (Paid Monthly)

All Your Credit Card Payments (monthly)

Or Just Put All Your Monthly Debts Here

Look Below For Your Debt Ratio

Expected
Monthly
Payment
(Principal & Interest)

Monthly Housing Expense

Monthly Bills

Loan-to-Value (LTV)
Ratio

Housing Ratio

Debt Ratio

$

$

$

%

%

%

For example: your housing and debt ratio should be between .28% to .40%
But some lenders allow up to 55% for refinaces or state your income loans.

Let Us Help You Get A Loan, call us today for more infomation.

ABOUT YOU:
First Name
Spouses Name
Last Name
Home Number ( )
Work Number ( )
Fax Telephone ( )

E-mail Address
Street Address
City
State Zip
Your SS#
Spouses

Comments, Questions and/or Suggestions:

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*Ratios are what the lenders look at to determine if you will get a loan or not.*	Your Values
Total # of Payments (30-Years x 12-Months = '360' Payments)
Interest Rate (6.5 or 7) (Do Not Input the % Sign)
The Homes Purchase Price
The Loan Amount (if different from Purchase Price)
Total Household Gross Monthly Income
Real Estate Taxes (1% of Your Total Purchase Price)
Homeowner's Insurance (Fire Insurance)
Private Mortgage Insurance Used on 100% Purchase Home Loans or a More Than 80% Loan on Any Home. For example $100,000.00 = $90 Per Month.
HOA Dues (For Condo or HOA Associations Only)
Total Monthly Car Payments (If Anyy)
Alimony / Child Support (Paid Monthly)
All Your Credit Card Payments (monthly)
Or Just Put All Your Monthly Debts Here

*Look Below For Your Debt Ratio*

Expected Monthly Payment (Principal & Interest)	Monthly Housing Expense	Monthly Bills	Loan-to-Value (LTV) Ratio	Housing Ratio	Debt Ratio
$	$	$	%	%	%