Wyndham Capital Mortgage

Affordability Calculator


	Use the calculator below to give you an idea of how much of a mortgage you can afford. However, it is meant to be a guideline, not a rule. We have many programs available that can maximize the amount of a home you can afford.


	Desired mortgage amount:


	Mortgage length (in years)


	Interest %


	Annual property tax


	Total monthly payments not including mortgage (car, loans, credit cards, etc).


	Summary


	Monthly Principal + Interest


	Total Monthly Obligations


	Required Salary

Listed below are the basic guidelines of how our industry determines how much of a mortgage payment you qualify for.

1.	Your gross (before taxes) monthly salary should be greater than 28% of the sum of the monthly mortgage and monthly tax payments.

2.	Your gross (before taxes) monthly salary should be greater than 36% of the sum of the monthly mortgage, monthly tax and other monthly debt payments.

Loan Calculators are tools designed to help you. However, we can help you know exactly what you qualify for.

testimonials

"I can't say enough about the service I receive from the staff at Wyndham Capital and my loan officer. On my last transaction, through no fault of their own, we were literally down to the wire and no one thought we would close. My loan officer personally oversaw the preparation of our documents and hand delivered them to our closing attorney. It's that kind of dedication and service that has made Wyndham my lender for life."

Charlotte, NC

"I just wanted to take this opportunity to pass along my compliments for the dedication and professionalism in guiding us through the refinancing process. You were the first to respond, you maintained daily communications with us at key junctures, and you demonstrated patience and flexibility in working through each phase."

Oakton, VA

"We just finished with the settlement. Everything went very well! I just wanted to say thank you for your help through this whole refinancing process. You have been extremely courteous, responsive and professional during the entire transaction which made it a very painless routine."

Alexandria, VA

more testimonials

Wyndham Capital Mortgage, Inc.

Phone: 1-888-923-9911

Fax: 704-525-9912