Monthly Income
 Income 1
 Income 2
 Income 3

Down Payment
5 % 10 %
15 % 20 %

Monthly Payments
 Auto Loans
 Student Loans
 Installment Loans
 Revolving Accts
 Other Debts

Mortgage Information
  Interest Rate
 Term in Years
 Front Ratio
 Back Ratio

Results

Principal and Interest:	$1,164.89
Monthly Taxes:	$183.65
Monthly Hazard Insurance:	$51.33
Monthly Mortgage Insurance:	$69.83
Total Mortgage Payment:	$1,469.70
Monthly Income:	$5,000.00
Monthly Obligations:	$400.00
Front Ratio:	28%
Back Ratio:	36%
Home Value:	$176,300.00
Down Payment:	$17,600.00
Loan Amount:	$158,700.00
Loan To Value Ratio:	90.00%

Explanation
Mortgage companies uses ratios to analyze your mortgage payment. The housing payment ratio (or front) ratio compares your total mortgage payment to your monthly income. The total debt expense (or Back) ratio compares your total monthly obligations including your total mortgage payment to your monthly income. These ratios are meant to use as guides. Please contact a mortgage professional for a complete prequalification analysis.