There is also a three-digit code number assigned to each currency, in the same manner as there is also a three-digit code number assigned to each country as part of ISO 3166. This numeric code is usually the same as the ISO 3166-1 numeric code.
This calculator uses these guidelines for determining how much house you can afford, which are similar to common underwriting criteria that mortgage lenders use. 1  Your total mortgage payment should be no more than 28 percent of your gross monthly income.
Find out how much mortgage you can qualify for. Have you ever wondered, âHow much home can I afford?â If so, our home mortgage qualification calculator can help. It weighs key variables, including your income and monthly debt payments, so you can determine the maximum mortgage loan you may qualify for.