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It also makes it easy to see how changes in the mortgage rate or the loan amount affect the income required for a loan, by using the sliding adjusters below to change your results. Just start filling out the fields indicated below. Or scroll down the page for a detailed explanation of how to use the Mortgage Required Income Calculator.

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For example, the purchase of a $200,000 home needing $150,000 in renovations could be financed through a single loan covering both costs. The underwriting requirements would be the same as those for.

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