What your rental payments really mean!

Rental Payment Tool

This is a quick reference chart to show you how much of a mortgage a client could potentially qualify for based on their current monthly rent. These numbers are approximations and are to be used for discussion purposes only. A full application must be completed in order to for the client to qualify.

Monthly Rent

 

Equivalent Mortgage Amount*

$650

$138,000

$700

$149,000

$750

$159,000

$800

$170,000

$850

$180,000

$900

$191,000

$950

$202,000

$1000

$212,000

$1050

$223,000

$1100

$234,000

$1150

$244,000

$1200

$255,000

$1250

$265,000

$1300

$276,000

$1350

$287,000

$1400

$297,000

$1450

$308,000

$1500

$319,000

 

 

Magdalena Luczak

Magdalena Luczak

REALTOR®
CENTURY 21 Vantage Realty Ltd.
Contact Me

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