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Two Person Mortgage Qualification Calculator

Two Person Mortgage Qualification Calculator

Use the FREEandCLEAR Two Person Mortgage Qualification Calculator to determine what size mortgage two people qualify for based on their combined gross income and debt

Watch our Two Person Mortgage Qualification Calculator "How To" video

Inputs

Indicates how frequently the first individual is paid
First Person: How Often Are You Paid
Indicates how frequently the second individual is paid
Second Person: How Often Are You Paid
Monthly income for the first person before subtracting taxes and other deductions
First Person: Gross Income Per Pay Period
It looks like you may have inputted your annual income instead of your monthly gross income. Please confirm you have inputted the correct net income amount.
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Monthly income for the second person before subtracting taxes and other deductions
Second Person: Gross Income Per Pay Period
It looks like you may have inputted your annual income instead of your monthly gross income. Please confirm you have inputted the correct net income amount.
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Combined total of monthly payments for both individuals for all non-housing related debt such as credit card, auto and student loans
Total Combined Monthly Debt Payments
It looks like you may have inputted your total debt balance instead of your total monthly debt payments. Please confirm you have inputted your total monthly debt payments.
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The current interest rate for a 30 year fixed rate mortgage is approximately 5.750%
Please Select Interest Rate($)
The length, in years, of the mortgage. The most common mortgage term is 30 years
Please Select Mortgage Term (Years)
Please Select Monthly Homeowners Association Fee
The type of mortgage your looking to obtain
Please Select Mortgage Type
Submit Valid Info to Compare Lenders and Save Money!When you provide valid personal info we may connect you with lenders which enables you to compare mortgage proposals and find the mortgage that is right for you. Click calculator for a version of this calculator that does not require personal info
 
Please Enter Your First & Last Name
Please Enter a Valid First Name
Please Enter a Valid Last Name
 
Please Enter Your Phone Number
Please Enter a Valid Phone
Please Enter Your Email
Please Enter a Valid Email
Your credit score to the best of your knowledge
Please Select Credit Score
By clicking the button above, you agree to allow FREEandCLEAR to connect you with lenders or other third parties and that FREEandCLEAR and other parties may contact you at the email address and phone number you provided, even if your number appears on a Do Not Call Registry or List. Your consent is not a condition to work with a lender or to qualify for a mortgage. Please review our Privacy Policy for more information. NMLS: 357085

Outputs

The output provided represents an estimate only. Property tax and insurance rates vary by state, county and property

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Current Mortgage Rates in Chicago, Illinois as of March 28, 2025
View All Lenders

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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.
While we pride ourselves on the quality and breadth of the FREEandCLEAR mortgage calculators please note that they should be used for informational purposes only. Our calculators rely on assumptions by us and inputs and assumptions provided by you, which may be inaccurate. The outputs from our calculators are estimates only and should not be used as the sole basis for making any financial decisions. Always consult multiple financial professionals when determining the mortgage size and program that is appropriate for you.
%Mortgage Rates
$Mortgage Quote

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