Follow the steps below to calculate the mortgage you qualify for
	What is your annual household income before deductions?	$
	How much are your total monthly payments on loans, credit cards or other debts that will not be paid off before you buy a home?	$
	mortgage amount you qualify for:	$
	Your minimum downpayment will be:	$
	The above calculation assumes that the mortgage is paid back over 40 years and that property taxes are $2,000 per year. As this figure can vary widely it is recommended that you contact Mortgage Depot toll free at 1-888-622-7999 for an accurate preapproval.