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The mortgage affordability calculator estimates a range of home prices you may be able to afford based on the accuracy and completeness of the data and information you enter. The results are intended for illustrative and general purposes only, and do not constitute, nor should they be relied upon as financial or other advice.
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What Do You Need to Qualify for a Mortgage? – The front-end vs. the back-end DTI ratio Many lenders calculate not only one debt-to-income ratio, but two: a front-end ratio and a back-end ratio. Let’s say you have a gross monthly income of $4,000;.
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This mortgage calculator is intended to assist you with estimating basic monthly mortgage payments. It is informational only. All examples are based on the information entered and are for illustrative purposes only. This is not an offer to lend.
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