So, just how much house can you afford? Well, here's a quick overview to get you in the ballpark. Just remember the accuracy of the results is directly related to the accuracy of the input. Or, garbage in, garbage out . . . This mortgage prequalification calculator estimates the maximum monthly mortgage payment and interest (P+I) you will qualify for under current Fannie Mae underwriting guidelines.

Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols.

Enter monthly amounts for all income and expense items.If your gross annual salary is $60,000, enter your "Salary/wages" as 5000.

Enter the loan term in years. 15, 30

Enter the interest rate as a number . . . 6.5; 5.5; 4.0

The fine print:
The income qualification calculator is for your use in estimating the loan amount for which you may qualify. This is not an offer to lend. All results disclosed by the calculator are estimates, and georgiamortgagemoney.com and laloba press assume no liability or responsibility for errors. Under FNMA underwriting guidelines some types of income are excluded in calculating qualification ratios. georgiamortgagemoney.com and laloba press make no guaranty or representation that you will qualify for any particular loan or loan terms.