What is a loan prequalification calculator?

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  Where can one find a mortgage prequalification calculator online?

  Many banks will have a mortgage prequalification calculator or a

  list of requirements posted on their websites. Getting data from

  the official website is more accurate than using a third party

  mortgage prequalification calculator.

Related Q&A:

What is a loan prequalification calculator?

Oh, a loan prequalification calculator is like this handy tool, you know? It helps you get an idea of whether you might qualify for a loan and roughly how much you could potentially borrow. You input some key info like your income, debts, and credit score. Then, boom! It gives you an estimate. It's not a guarantee or anything, but it can be super helpful when you're thinking about taking out a loan. It gives you a starting point and helps you plan better. So, it's kind of a nifty thing to use before you go deep into the loan process.