Minimum Income Calculator
Enter the following information to determine the minimum income you will need to have in order for most lenders to approve your mortgage.
 
Sale price of home $
Down payment amount $
Interest rate %
Loan term years
Estimated annual property taxes $
Estimated annual home insurance $
Monthly debt $
 

This calculator is provided for convenience and illustrative purposes only.    The accuracy of the calculation is not guaranteed by First Bank.   It is not meant to provide any form of legal, tax or other financial advice, nor is it to be considered an indication of credit approval.   First Bank encourages you to discuss your individual financial circumstances with the appropriate professional advisor.