Stress Test Affordability
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Stress Test Affordability
Stress Test Affordability
Notes: 32% of the indicated gross income is used to calculate the borrowers maximum shelter expenses such as mortgage payments, taxes, utilities and condo fees. In addition, the chart assumes that borrowers spend no more than an additional 8% to 10% of their gross income on non-shelter debt obligations. This data is for information purposes only and should not be relied upon without verification by contacting your Dominion Lending Mortgage Consultant. The above discounted rate is not an offer or a rate commitment. APR assumes no fee(s) apply. Should any fee(s) apply the APR would increase.
The above information is based on a 25 year amortization period.