Use this form to get an estimate of how much of a mortgage for which you
may qualify!
You'll need
this information to complete the form:
- Your annual
salary and, if applicable, that of your co-borrower
- OR
W-2 forms for the last two years for both borrowers and
what you've both earned so far during the current year
- OR
Hourly rates earned by both borrowers
- Amount
of loan payments paid per month
- Total of
all monthly credit card payments
- Total of
monthly car payments
- Total of
other monthly indebtedness, including child support, alimony,
etc. (optional)
- Amount
of property taxes per month that you estimate you'll pay in
the house you want to buy
- Amount
of homeowner's insurance per month that you estimate you'll
pay in the house you want to buy
Then fill
out this form completely. The form will fill in some of the
figures. When you're finished, click on the "Submit Pre-qualification
info" button. The pre-qualifying amounts will be returned to
you.
This is only
an estimate.
You may actually qualify for more than the amount returned. Use
this information only as a guide.
The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculator results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by New Mexico Bank & Trust.
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