LoanCalculator

Multi-State Travel Nurse Tax Home Tool

Quick Summary

Evaluate the financial impact of your declared tax home on your mortgage application. This tool helps you estimate your qualifying income based on duplicate living expenses and out-of-state residency requirements.

Calculator

Your Inputs

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$
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Your Estimates

Monthly Qualifying Income

$6,300

Max Estimated Loan Amount

$448,528

Assumes a 45% DTI ratio

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Frequently Asked Questions

Does my travel rent count against my Debt-to-Income ratio?

Generally, no. Since your housing stipend is meant to cover your travel assignment rent, lenders typically do not double-count the travel rent against your DTI if the stipend covers it.

Do I need a tax home to buy a house?

You don't need a tax home to buy a house, but if you abandon your tax home, your stipends become fully taxable, which drastically alters how underwriters calculate your net qualifying income.