MORTGAGE INFORMATION FOR PRINCE WILLIAM COUNTY

HOW MUCH CAN YOU QUALIFY TO BORROW? Use the Mortgage Calculator below to determine your approximate qualifying mortgage amount. Add the down payment, if any, and you have your price range. When searching for homes, you can use a number 10% higher or lower and still be in the qualifying range.

MORTGAGE CALCULATOR

CALCULATE YOUR HOME BUYING POWER FOR MARYLAND AND VIRGINIA REAL ESTATE

Use the unique Homefinders.com mortgage calculator to calculate approximately how much money you will qualify to BORROW for the loan types described below. The shorter the term of the mortgage, 1 year, 3 years, 5 years, 7 years or 30 years, the more money you'll be qualified to borrow. Add your cash down payment and you will instantly know the price range you should be considering for a home. These calculations are conservative, relying on approximately 28-30% of your gross monthly income for your mortgage payment. The new FHA loan limit for 2008 is $729,750.

Calculate Your Buying Power HERE.

Problem? Just call Lenn and I'll do the calculation for you.