How Much Can I Get Approved For?
Most first time home buyers simply do not know the answer to this question and do not know where to begin. Too often, new home buyers will arbitrarily pick a sale price range that they feel they should look in. This frequently leads to confusion over the buying and budgeting process and over buying or in some cases, under buying.
Many mortgage calculators require the home buyer to list the sales price, tax amount, insurance amount, etc. But if you don’t yet know that, where do you begin. Try this mortgage pre-approval calculator. All you need to do is input your estimated credit score, your monthly income and monthly debt, and you can find out how much of a loan amount you can be approved for.
How Much Can You Be Pre-Approved For?