Prequalification Calculator

To get a sense of how much you may be able to borrow, fill in the form below and click on the calculate button. Please note that prequalification is different from a preapproval. Prequalification gives you an estimate of how much you may be able to borrow. Preapproval, on the other hand, indicates that you have been approved for a set loan amount prior to property selection.

Gross Monthly Income $
Monthly Debt/Payments
Include only loans that won't be paid off in 10 months		 $  
Loan Terms You Desire
Interest Rate %     %
Term      Years
Down Payment (% of Sales Price)     %
Expected Taxes & Insurance
If you don't know what your property taxes and insurance will be, leave this section blank. We will estimate it for you. Otherwise, please enter your estimated taxes and insurance.
Yearly Property Tax
 $  
Yearly Property Insurance
 $  
 


Sierra Pacific Mortgage

Ph: 847-265-8074 or Toll Free 877-265-8074
Fax: 847-265-8596
Company NMLS #1788. Illinois Residential Mortgage Licenses #MB-0006383-001 and MB-0006383-006. Licensed in WI #242358BA and #242358BR. Not Licensed in New York. For Servicing Questions please call 855-478-0372 and ask for the Servicing Department.
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