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Tx Dept SML Consumer Notice

Mortgage Qualification Calculator

* Required
Monthly Gross Income   Monthly Payments1
Base Salary:* $   Auto Loans: $
Overtime: $   Student Loans: $
Bonuses: $   Credit Card Payments: $
Commissions: $   Other Loans: $
Dividends/Interest: $   Child Support/Alimony: $
Other Income: $  

Prospective Loan Information
Mortgage Rate: * %   Mortgage Term: * Years
Property Tax Rate: % OR Annual Property Tax Amount: $
Property Insurance Rate: % OR Annual Premium: $
Condo. Association Fee: $   Miscellaneous Expenses: $

Rental Property Information
Please enter total income and expenses for all rental property owned.
Rental Income per month: $   Miscellaneous Expenses: $
Total Mortgage payments: $   Insurance per month: $
Property Tax per month: $


1 Do not include any loans that will be paid off within 10 months.