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.
Affordability Calculator
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.
The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.
