VA Pre-Qualification Worksheet | MSFG Calculator Suite

Borrower Information

Borrower Name

Family Size

Geographic Region

Loan Information

Mortgage Amount ($)

Interest Rate (%)

Loan Term

1 Gross Monthly Income

Gross Monthly Income ($)

2 Monthly Housing Expense (PITI)

a. Payment Factor (per $1,000)

b. Principal & Interest Payment ($)

c. Property Taxes ($)

d. Homeowners Insurance ($)

e. HOA Dues ($)

Total Monthly Housing Expense$0

3 Monthly Debts and Obligations

a. Car Payment(s) ($)

b. Revolving Accounts ($)

c. Installment Loans ($)

d. Child Care ($)

e. Other ($)

Total Monthly Debts$0

4 Monthly Maintenance & Utilities

a. Total Square Footage

b. Estimated Cost ($0.14/sq ft)

Total Maintenance & Utilities$0

5 Monthly Taxes (from pay stubs)

a. Federal Income Tax ($)

b. State Income Tax ($)

c. Social Security / Medicare ($)

Total Monthly Taxes$0

Pre-Qualification Results

6 Residual Income Analysis

Required Residual

$0

Actual Residual

$0

Calculating...

7 Debt-to-Income Ratio

0%

VA guideline: 41% maximum (may exceed with strong compensating factors)

Monthly P&I

$0

Total Housing

$0

Total Debts

$0

Gross Income

$0

VA Loan Pre-Qualification Worksheet