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How Much Income Do I Need to Qualify?

Input
Property Info
Home Value ($)
Loan Info
Downpayment
Interest (%)
Loan Length (Yrs)
Estimated Front Ratio (%)
Estimated Back Ratio (%)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Financial Analysis
Monthly Payment $1,408.45
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Loan to Value 90.000%
Months with PMI 75
Monthly PMI $112.50
Total Monthly Payment $1,895.95
Allowable Debt Payment $1,504.72
Required Income $6,771.24




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