Your Calculator

Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.

Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Required

Required Must be a number between 1 and 50
Term In Years:
Required Must be a number between 1 and 100
Interest Rate:	%
Required
Cost of Home:	$
Required Cannot be more than Cost of Home
Down Payment:	$
Required
Annual Insurance:	$
Estimate Insurance to 0.43%of Cost
Required
Annual Property Tax:	$
Estimate Tax to 1.2%of Cost
Monthly Income:	$ Required
Monthly Debt:	$ Required

Optional

Gross Debt Service Ratio (GDS):
Total Debt Service Ratio (TDS):
Condos Fees:	$

Results

Receive this Detailed Analysis

Mortgage
Qualification
Affordability
Rent vs Buy

Your Monthly Payments

Loan Amount:
Loan Insurance ( %):
Total Loan(Mortgage) Amount:

Principal & Interest:
Homeowners Insurance:
Property Taxes:
Condo Fees:
Monthly Loan Insurance (%):
Total Monthly Payment:

Income Needed to Qualify for the Mortgage

Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:

What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:

Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)

Monthly Rent:	$ RequiredMust be a positive number	No. of Years you plan on keeping the home:	RequiredInvalid
Annual Rental Increases:	% RequiredInvalid	Yearly Appreciation on the Home:	% RequiredInvalid
Monthly Renter Insurance:	$ RequiredInvalid	Annual Home Maintenance:	% RequiredInvalid
Savings or Investment Rate:	% RequiredInvalid

Your Real Estate News

real estate - Yahoo! News Search Results
Real estate transactions	5/21/2012 6:53 PM
Real estate transactions HOUSTON CHRONICLE Copyright 2012 HOUSTON CHRONICLE. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Published 12:59 a.m., Saturday, May 19, 2012 Westmount Realty Investments, a Dallas-based real estate investment company, has provided senior joint venture equity to HM Equity Management in Houston, to acquire the Silver ...
RE/MAX Global Site Connects Buyers and Sellers Around the World	5/21/2012 2:33 PM
DENVER, May 21, 2012 /PRNewswire/ -- The first truly global online real estate resource, with hundreds of thousands of home listings in more than 70 countries and territories, has seen unprecedented success ...
Cops: Real estate agent robbed	5/21/2012 9:09 PM
York, PA - A man armed with a steak knife kidnapped and robbed a real estate agent after she showed him a home in West York Monday morning, West York Borough Police said.
Homes Of The World's Most Powerful Celebrities	5/21/2012 2:54 PM
From Justin Bieber to Jennifer Aniston, an inside look at the richest, most famous celebrities' real estate.
Inspirada Real Estate Listings Now Available via LREP Mobile and MyLvHomeSales.com	5/22/2012 1:15 AM
Luxury Real Estate Partners today announced a partnership with Smarter Agent to provide Inspirada Real Estate listings on smart phones and tablets. (PRWeb May 22, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9478214.htm