Mortgage loan & income prequalification calculator
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 prequalification calculator will
also convert yearly income to monthly income. Use the Genworth
cash flow calculator to estimate the monthly income for the self
employed mortgage. The Debt & Assets page will estimate the net proceeds
from a home sale. This calculator prints best with Google Chrome
The calculators and information contained herein are made available to
you as a self-help tool for illustrative use only. Examples are hypothetical.
We can not and do not guarantee the applicability or accuracy in regards
to your individual circumstances. I encourage you to seek personalized advice
from qualified professionals.