301-424-6725 or
888-RIGHTLOAN
Maryland, Virginia, and DC
Loan Consultants waiting for your call.

301-424-6725 or
888-RIGHTLOAN
Maryland, Virginia, and DC
Loan Consultants waiting for your call.

Your Maryland Mortgage
      Virginia Mortgage and
      DC Mortgage Provider

               Ask us your questions


Can't find the rate you are looking for? Just fill out our short form and we will do all the research for you

Your Maryland Mortgage
      Virginia Mortgage and
      DC Mortgage Provider

               Ask us your questions


Can't find the rate you are looking for? Just fill out our short form and we will do all the research for you

Aadvantage Plus Financial is the low-cost mortgage leader in the Maryland, Virginia and Washingto DC area. Our superior technology, coupled with our strong investor relationships, allow us to consistently offer lower rates then our competitors. Our initial Good Faith Estimates are binding with no hidden or surprise fees. We are licensed as a mortgage broker in Maryland, Virginia, and Washington, DC. 

Read more about us

Aadvantage Plus Financial is the low-cost mortgage leader in the Maryland, Virginia and Washingto DC area. Our superior technology, coupled with our strong investor relationships, allow us to consistently offer lower rates then our competitors. Our initial Good Faith Estimates are binding with no hidden or surprise fees. We are licensed as a mortgage broker in Maryland, Virginia, and Washington, DC. 

Read more about us

How much income do I need?

This calculator tells you how much monthly gross income you may need to qualify for the home you want. Mortgage companies use ratios to analyze your mortgage payment, and you will be required to enter these below. The housing expense, or front ratio, compares your total mortgage payment to your monthly income. The total debt expense, or back ratio, compares your total monthly obligations including your total mortgage payment to your monthly income.

You will be required to enter specific information about your monthly property taxes and property value. Any other property information fields you leave blank will be assumed to be zero. In either case, the results displayed below are only estimates of the amount of income you may need to qualify for a loan. You will be provided with two income calculation amounts: aggressive and conservative. The aggressive income amount may be used to qualify for more non-conventional loan programs.

Property Information  
  Property Value ($)
  Monthly Taxes
  Monthly Hazard Insurance
  Monthly Mortgage Insurance
  Monthly Homeowners Assoc Dues

Loan Information
  Zip Code
  Interest Rate
  Loan Term (Years)
  Down Payment ($)
  
Front Ratio (%)
  
Back Ratio (%)
 
 
 

The results displayed above are only estimates and cannot be used to determine actual loan costs or be used as a guarantee. Please consult your tax advisor for information on the deductibility of interest for tax purposes. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

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Licensed by the Virginia State
Corporation Commission
License # MC-1230
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Licensed by the Virginia State
Corporation Commission
License # MC-1230
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