WAINWRIGHT BANK & TRUST COMPANY
 
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 $
 

1-4 family owner occupied residences only; property insurance required; flood insurance may be required. APR calculated on 80% loan to value for a $100,000 loan. Prepayment penalty may apply. The payment can adjust after the initial fixed period on adjustable rate loans.
Please note: Our lending area for loans and mortgages is primarily Eastern Massachusetts.
Rates include automatic deduction of your monthly payment from a Wainwright Bank checking account. The rates listed above are for direct lending only; rates may vary for third party originators or brokers.

Rates, Terms and Fees subject to change without notice.
 

Wainwright Bank & Trust Company, 63 Franklin Street, Boston, MA 02110-1301
617-478-4000 or 1-888-428-BANK

Equal Housing Lender
Equal Housing Lender

The SUM Program is administered by and a registered service mark of the NYCE Corporation.