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You can stop by either our Chicago or Des Moines, Iowa offices and meet with one of our mortgage specialists to discuss all your loan options.

Buying a home is a very exciting and possibly confusing time. We have great programs for first-time homeowners. Learn more. . .

 
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This equity calculator from Financial Partners is a great place to start when thinking about purchasing a home. This calculator helps you determine the price range of your next home depending on your current income and revolving debt.

To take advantage of this quick and easy system, simply answer four easy questions regarding your financial situation and click the calculate loan button. In the results box you will find the approximate amount of the loan you would qualify for and the monthly payment for that loan.


Financial Partners Equity Calculator
 
Annual Income:
 
Your total annual income including all sources of income.
Revolving Debt:
 
Outstanding credit card debt, car loans, and personal loans. Enter your monthly payment.
Interest Rate:
 
This is the interest rate you will pay on your loan.
Period:
 
This is the length of the loan, in years or months.

Results
Max Loan:
 
This is a rough approximation of the loan amount you would qualify for given your income and debt.
Monthly Pmt:
 
This is the monthly payment based on the information you entered.

This information is for your personal use only. These calculations are merely an estimate and this information is not guaranteed. Since the JavaScript is run on your computer, the information cannot be received or viewed by others.