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Commercial & Consumer Loans

Qualifying Work Sheet
This worksheet is for estimating purpose only. To help you estimate the loan amount you may qualify for, please complete this work sheet. Metrobank will consider your disposable income, stability of employment and credit worthiness.

Example Your Figures
Gross Monthly Income $ 6,000 $
Guideline Percentage
(Fixed expense to income percentage varies according to income)
X

0.50

X

0.40

Maximum Monthly Fixed Expense Allowed
(including monthly housing payment)
$ 3,000 $
Fixed Expense Includes:
.. Monthly Mortgage/Rent
.. Auto Loan
.. Other Installment Loan
$
+ $
+ $
1,400
500
200
$
+ $
+ $
.. Revolving Monthly Payment
..... Credit card 1 $3,000
..... Credit card 1 $3,000
..... Total Revolving $6,000 -> $6,000 x 0.05 = $300
+ $

300

+ $

 

Total Monthly Fixed Expense $ 2,400 $
Total Allowable Monthly Fixed Expense $ 3,000 $
Less Total Monthly Fixed Expense - $

2,400

- $

 

Monthly Installment Loan Payment For Which You May Qualify $ 600 $

BUT, in no case greater than a total loan amount of $10,000 or two months gross monthly income, whichever is lower.

For loan application, you may contact us via email at loans [at] metrobankny [dot] com or via phone at (800) 863-8762.

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Business Hours
Office Hours:
Mon-Fri : 9am to 5pm
Saturday : Close

Cutoff Time:
Banking: 3PM
Remittance: 4PM


Copyright 2009 - 2014 Metropolitan Bank & Trust Company. All Rights Reserved. Information in this document is subject to change without notice. Other products and companies referred to herein are trademarks or registered trademarks of their respective companies or mark holders. Metrobank may use links to other sites in an effort to help you obtain information. Metrobank cannot attest to the accuracy of information provided by any other sites. Links to other sites do not represent a site or product endorsement by Metrobank.

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