Before you start looking for a home you must know what you qualify for in today’s market and know what your payment will be at any given interest rate and home price. The key, is knowing what you qualify for today, not six months ago. As of today, rates are at the lowest they have been in 60 years. Seriously, 60 years! Guidelines for qualifying have been going through a state of flux since the market began to decline in 2006 and you need know how the current lending guidelines affect you and your ability to borrow money.Contact The Drummond Group to help put you in touch with one of our reputable lender’s that can assit you in getting pre qualified today!

Below is a calculator will help give you a rough estimate to determine loan amounts, mortgage qualification, by completing the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and clicking Calculate Now. To view the different results of your calculation, click on the various Tabs. To mail yourself a copy of your results, click the receive the detailed analysis link.