Mortgage prequalification calculator

Animated calculatorThis income and debt calculator will assist you in estimating your monthly income for mortgage preapproval and determining the debt to income ratio. The first step to prequalify for a mortgage loan is to calculate your monthly income. Mortgage companies and loan underwriters will look at your monthly income from a variety of angles. The following prequalification calculator will convert hourly, twice monthly, bimonthly, and year to date income to monthly income. The monthly debt page will add up the monthly obligations. The pre-qualification tutorial will guide you through the operation of the calculator. Please send me an E-mail if you see an error or want to make a comment. Last updated 8/2018.

Monthly Income Calculator | Monthly debt |

COMBINED MONTHLY INCOME   Debt to Income Ratio
 
 
MONTHLY INCOME   MONTHLY INCOME
 
YEAR TO DATE CALCULATOR   YEAR TO DATE CALCULATOR
Year to Date Income Year to Date Income
Start Date Start Date
End Date End Date
Monthly Income Monthly Income
Annual Income Annual Income
Add to total Add to total
 
GROSS MONTHLY INCOME   GROSS MONTHLY INCOME
INCOME INCOME
PAY FREQUENCY PAY FREQUENCY
Monthly Income Monthly Income
Annual Income Annual Income
Add to total Add to total
 
HOURLY RATE CALCULATOR   HOURLY RATE CALCULATOR
Hourly Rate Hourly Rate
Number of Hours per Week Number of Hours per Week
Monthly Income Monthly Income
Annual Income Annual Income
Add to total Add to total
 
INCOME AVERAGE (Self Employment, Unemployment, etc.   INCOME AVERAGE (Self Employment, Unemployment, etc.
Income (1) Income (1)
Income (2) Income (2)
TOTAL TOTAL
Average by Months Average by Months
Monthly Income Monthly Income  
Annual Income Annual Income
Add to total Add to total
 
MONTHLY GROSS UP (Social Security, Pension, etc.)   MONTHLY GROSS UP (Social Security, Pension, etc.)
MONTHLY INCOME MONTHLY INCOME
Gross up percentage Gross up percentage
Monthly Income Monthly Income
Annual Income Annual Income
Add to total Add to total
 
Child Support   Child Support
MONTHLY INCOME MONTHLY INCOME
Gross up percentage Gross up percentage
Monthly Income Monthly Income
Annual Income Annual Income
Add to total Add to total
 
Click on the box to add total above