Mortgage Pre-Qualification tool

A planning estimate to help start your mortgage conversation. This is not a pre-approval or a lending decision.

1. Income and down payment

Applicant qualifying income / year ($)Co-applicant qualifying income / year ($)Down payment available ($)

2. Your debts and ongoing payments

Enter 0 where you have no balance or payment. Include each obligation only once.

Credit cards and lines of credit

Combined outstanding balances ($)Add all credit-card and line-of-credit balances.

Auto loans

Auto-loan payment ($)For multiple loans, enter their combined payment using the same frequency.Payment frequency

Student loans

Which describes your student loans?

Other ongoing obligations

Other payments / month ($)Include child or spousal support and other loan payments not already entered. Exclude housing costs entered below.

3. Property and estimated housing costsProperty type

4. Mortgage assumptions

Illustrative contract(interest) rate (%)An editable assumption, not a current rate offer.Amortization

First-time buyer or new build (used for insured 30-year planning)Eligibility and qualifying income need lender review. This model assumes owner-occupied one- or two-unit housing and a traditional down payment.