This form should be printed and used as a worksheet.

Mortgage Qualification and Planning

 


INCOME
Annual Income
Monthly Income
Downpayment ($)
Current Monthly Debt


$ ___________________
$ ___________________
$ ___________________
$ ___________________

REAL ESTATE TAX
Assessment as % of Value
R.E. Tax Rate


$ ___________________
$ ___________________

MORTGAGE
Mortgage Term in Months
Mortgage Rate
Minimum Downpayment


$ ___________________
$ ___________________
$ ___________________

QUALIFICATION
Overall Debt to Income Ratio %
Overall Debt to Income Ratio $

Housing Debt to Income Ratio %
Housing Debt to Income Ratio $

Monthly Principal and Interest
Hazard Insurance
Monthly R.E.Taxes
Total Monthly Cost
Housing Debt Requirements Met
Overall Debt Requirements Met


$ ___________________
$ ___________________

$ ___________________
$ ___________________

$ ___________________
$ ___________________
$ ___________________
$ ___________________
$ ___________________
$ ___________________

SUMMARY
Qualifies for Mortgage
Downpayment Offering Price (Mort./ Downpayment)


$ ___________________
$ ___________________

OFFER STRATEGY
Offer as a % of Listing Price
Listing Price


$ ___________________
$ ___________________



 

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Lock Haven, PA 17745
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