What Do I Need To Make?

How Much Do I Need to Make?

How Much Do I Need to Make?

$
$

Monthly Housing Costs

Required Gross Income

Monthly

$0

Annual

$0

Mtg. Payment

$0

Housing / Total Debt (%) * Housing % reflects the portion of your income spent on mortgage, taxes, insurance, and HOA fees. Total % includes all debts (housing plus other obligations), critical metrics lenders use to assess repayment ability.

0% / 0%

Need less income? Try lowering your loan amount or DTI.

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FAQ Accordion Component

Frequently Asked Questions

It estimates how much gross income you need to qualify for a specific loan amount. You can use it to plan around a target home price or monthly payment.
Gross income is your income before taxes and deductions. Lenders use it to determine how much of your income can go toward a mortgage payment under debt-to-income (DTI) rules.
DTI (Debt-to-Income) ratio is the percentage of your monthly income that goes toward debts. Most lenders cap this between 43% and 50%, and this calculator uses those limits to estimate qualifying income.
This is the number of years you'll repay the mortgage—typically 30 or 15. A longer term means lower monthly payments but more interest over time.
They're included in your total monthly payment. Higher taxes or insurance increase the monthly cost, which means you'll need more income to qualify.
Yes. You can enter an estimated MI amount, which will be factored into the total monthly payment and included when calculating how much income you need.
Yes. Just adjust the down payment, loan amount, and estimated costs. It's a flexible tool that works for most loan types, but confirm specifics with your lender.
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