Tuesday, September 23, 2014

How Much Can I Borrow?

Calculates lending limits based on traditional guidelines.
Monthly Income
Salary/Wages
Other Income
Monthly Housing Expenses
Property Taxes
Hazard Insurance
Other Monthly Expenses
Auto Payment
Credit Cards and Other Payments
Loan Term and Interest Rate
Loan Term
Interest Rate
 
Results
You may qualify for a maximum monthly mortgage payment (P+I) of
You may qualify for a maximum loan amount of
DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.


 

RDS Mortgage Corporation
14722 S Naperville Rd, Unit 104
Plainfield, Illinois 60544
Phone: 630-435-9100   Fax: 815-531-0901
RDS is an Illinois Residential Mortgage Licensee
 #MB.6759848, NMLS# 205337

IDFPR, Division of Banking 
Jorge A Solis
Director
320 W Washington St
Springfield, IL 62786
Phone:  217-782-3000

RDS Mortgage Corporation is a BBB Accredited Mortgage Broker in Plainfield, IL


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