Home Affordability

Three key stats can determine your mortgage status.

If you're unsure whether you'll qualify for the mortgage you want, it might be time to think like a loan officer. With this calculator, you can look at three financial measures that lenders use and see where you stand.

• The ratio of the requested loan amount to the home's value.
• The percentage of your income going for housing expenses.
• And your overall debt payments as a percentage of your income.