| Worksheet 1 | ||||||
|---|---|---|---|---|---|---|
| Monthly Income (before taxes) | ||||||
| Borrower | Co-Borrower | Total | ||||
| Base employment income |
$ | _______ | $ | _______ | $ | _______ |
| Overtime | _______ | _______ | _______ | |||
| Commissions | _______ | _______ | _______ | |||
| Interest/dividends | _______ | _______ | _______ | |||
| Other | _______ | _______ | _______ | |||
| Total monthly income | $ | _______ | ||||
| Monthly Payments on Existing Obligations | ||||||
| Automobile loan | _______ | _______ | _______ | |||
| Student loan | _______ | _______ | _______ | |||
| Credit cards | _______ | _______ | _______ | |||
| Alimony, etc. | _______ | _______ | _______ | |||
| Other | _______ | _______ | _______ | |||
| Total monthly payments | $ | _______ | ||||
| Monthly Housing Expense for New Loan (ask lender) | ||||||
| Mortgage payment (principal & interest) | _______ | |||||
| Real estate taxes | _______ | |||||
| Insurance premiums | _______ | |||||
| Total monthly housing expense | $ | _______ | ||||