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Mortgage Payment Calculator

Sunday, February 13, 2011 - (Note this figure allows for no debt):

Gross Monthly Income _ _ _ _

X 0.28

= Maximum Mortgage payment _ _ _ _

Calculate your Maximum mortgage payment
(Note this figure allows for your revolving debt):

Gross Monthly Income _ _ _ _

X 0.36

= Maximum monthly Debt _ _ _ _

Minus (-) Present Monthly Debt _ _ _ _

= Maximum Mortgage Payment _ _ _ _

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