HOW MUCH MONEY ARE YOU QUALIFIED TO BORROW??
*****

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For All Maryland and Virginia home buyers

How much can you borrow? We'll help you get pre-qualified or pre-approved by an
experienced lender when you're ready to buy a home. In the mean time, use the table below to estimate your price range for a home.

We want to make your real estate experience as easy as possible. Now, let's go see some homes. We're ready.

Conventional 30 year fixed rate loan computed at 5% interest. Payment is for Principal and Interest and does not include taxes and home owners insurance which varies in different counties and states and may be included in your mortgage payment through a payment of 1/12 of your annual real estate tax bill and annual home owners insurance premium. Got a question?? Just give me a call, Lenn Harley, Broker, Homefinders.com 800-711-7988.

Income Approximate House Payment Approximate Loan Amount
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$1000
$1250
$1500
$1750
$2000
$2250
$2500
$2750
$3000
$3250
$3500
$3750
$4000
$4250
$4500
$4750
$5000
$186,000
$232,000
$280,000
$325,000
$372,000
$419,000
$465,000
$512,000
$559,000
$605,000
$652,000
$698,000
$745,000
$791,000
$838,000
$885,000
$931,000

Conventional 30 year fixed loan computed at 7% interest.

Income Approximate House Payment Approximate Loan Amount
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
$200,000
$1000
$1250
$1500
$1750
$2000
$2250
$2500
$2750
$3000
$3250
$3500
$3750
$4000
$4250
$4500
$4750
$5000
$150,000
$187,000
$225,000
$263,000
$300,615
$338,192
$375,768
$413,345
$450,000
$488,499
$526,076
$563,000
$601,230
$638,000
$676,384
$713,960
$751,537

The above calculation represents a 7% interest rate for a 30 year fixed rate loan. For more specific qualifying information including ARM loans, contact us and we'll be happy to help you determine your estimated qualifying loan amount.

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