Mortgage Calculator
How Much Home Can I Afford?
The amount of home you can afford largely depends on your income, expenses, and financial situation. A common rule of thumb is to spend no more than 28-30% of your gross monthly income on your mortgage payment, which includes principal, interest, taxes, and insurance (PITI). Additionally, it’s advisable to keep your total monthly debts (including your mortgage, car loans, and credit card payments) below 36-40% of your gross income.
How it works
Applying for a mortgage with Professional Mortgage Associates is incredibly simple with an application that can be done all online. And if you want one-on-one assistance, our PMA Partners are standing by ready to help.
1
Pre-qualify without the hassle.
It takes just two minutes to get pre- qualified online.
2
Work with one of our specialists.
Find the loan that matches your financial goals and complete the application process.
3
Once qualified, sign your paperwork and we’ll transfer the funds.
Once qualified, sign your paperwork and we’ll transfer the funds.
