Your gross (before taxes) monthly salary should be greater than 28 % of the sum of the monthly mortgage and monthly tax payments. (phmc.com)
In addition to the information you entered, this calculator uses estimated of other amounts (such as monthly taxes and insurance) that may apply to your loan. (hzcu-mortgage.org)
Do you mean to say that you would like to receive monthly tax - free income from a lump sum investment? (relakhs.com)