Calculating your debt-to-income ratio is important to determining whether you qualify for a home mortgage.
Zillow provides 2 calculators that will help you determine your debt-to-income ratio, and how much house you can afford.
Debt-to-Income Ratio Calculator
The Zillow Debt-to-Income Ratio Calculator is easy to use.
Enter your information in the left-hand column, and the calculator will give you a summary of your monthly debts and a maximum estimated mortgage payment for which you can qualify.
Remember that this is just an estimate based on the information you entered. When you start looking for a home, or thinking about refinancing, be sure to consult a mortgage professional for a better estimate by pre-qualifying for a mortgage.
Zillow also has an Affordability Calculator, which is similar to the debt-to-income ratio calculator.
After you enter your information in the left-hand column, the calculator gives you the estimated amount you can spend on a house.
Again, remember that this is just an estimate based on the information you entered.
Zillow Five-Star Rating for Marimark Mortgage
Marimark Mortgage has a Five-Star Rating on Zillow.
When you get ready to purchase a home or refinance, please check out our rating and reviews on Zillow, and the testimonials on our website.
We would appreciate the opportunity to help you with your mortgage needs.