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Pre-qualification CalculatorThe salary used to qualify for a mortgage should meet the following criteria1. The sum of the monthly mortgage and monthly tax payments can be no greater than 28% of your monthly salary.2.- the sum of the monthly mortgage, monthly tax and other monthly debt payments can be no greater than 36% of your monthly salary.These are general guidelines. Different lenders have different criteria and different programs. These numbers can vary depending the loan program for which you may qualify.
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