The table below gives the recommended qualifying income and suggested monthly payment for a specific mortgage loan amount.
Value of Mortgage
Monthly Payment
Qualifying Income (based on 35% DSR)
$300,000
$1,884
$5,384
$400,000
$2,513
$7,179
$500,000
$3,141
$8,973
$600,000
$3,769
$10,768
$700,000
$4,397
$12,563
$800,000
$5,025
$14,358
$900,000
$5,653
$16,153
$1,000,000
$6,281
$17,947
89 Queen Street, Port of Spain, Trinidad and Tobago, West Indies Tel: 1-868-623-1501-4 Cell: 1-868-487-9840 (call any time) Fax: 1-868-627-0675 E-mail: info@tblamortgages.com Website: www.tblamortgages.com Opening Hours: Monday - Friday: 8am - 4pm
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