Computations based on a sale price of				$120,000
						Calculations based on 30 year conventional loan
						Insurance estimated at 1.75% of sales price / 12 for a monthly figure
						Taxes estimated at 2.00% of sales price / 12 for a monthly figure
						PITI line is arrived at by adding the Loan Pmt ( found directly beneath the interest rate )
						and adding the estimated monthly Insurance and Taxes amounts
						and PMI (Private Mortgage Insurance) if down payment is less than 20%
						copyright © 1998-2004; Richard C. Decker, P.A. RE/MAX Preferred
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	10.00
120,000	6,000	114,000	74.10	175.00	200.00	549.48	581.40	614.46	648.66	684.00	720.48	758.10	796.86	836.76	876.66	917.70	958.74	1000.92
PITI		5% Dwn				998.58	1030.50	1063.56	1097.76	1133.10	1169.58	1207.20	1245.96	1285.86	1325.76	1366.80	1407.84	1450.02
28%						3566.36	3680.36	3798.43	3920.57	4046.79	4177.07	4311.43	4449.86	4592.36	4734.86	4881.43	5028.00	5178.64
YrIncome						42,796	44,164	45,581	47,047	48,561	50,125	51,737	53,398	55,108	56,818	58,577	60,336	62,144
36%						1283.89	1324.93	1367.43	1411.41	1456.84	1503.75	1552.11	1601.95	1653.25	1704.55	1757.31	1810.08	1864.31
MaxDebt/Mth						285.31	294.43	303.87	313.65	323.74	334.17	344.91	355.99	367.39	378.79	390.51	402.24	414.29
	Remember	Est. Closing Costs>>>>		8,400
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	12,000	108,000	46.80	175.00	200.00	520.56	550.80	582.12	614.52	648.00	682.56	718.20	754.92	792.72	830.52	869.40	908.28	948.24
PITI		10%Dwn				942.36	972.60	1003.92	1036.32	1069.80	1104.36	1140.00	1176.72	1214.52	1252.32	1291.20	1330.08	1370.04
28%						3365.57	3473.57	3585.43	3701.14	3820.71	3944.14	4071.43	4202.57	4337.57	4472.57	4611.43	4750.29	4893.00
YrIncome						40,387	41,683	43,025	44,414	45,849	47,330	48,857	50,431	52,051	53,671	55,337	57,003	58,716
36%						1211.61	1250.49	1290.75	1332.41	1375.46	1419.89	1465.71	1512.93	1561.53	1610.13	1660.11	1710.10	1761.48
MaxDebt/Mth						269.25	277.89	286.83	296.09	305.66	315.53	325.71	336.21	347.01	357.81	368.91	380.02	391.44
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	18,000	102,000	27.20	175.00	200.00	491.64	520.20	549.78	580.38	612.00	644.64	678.30	712.98	748.68	784.38	821.10	857.82	895.56
PITI		15%Dwn				893.84	922.40	951.98	982.58	1014.20	1046.84	1080.50	1115.18	1150.88	1186.58	1223.30	1260.02	1297.76
28%						3192.29	3294.29	3399.93	3509.21	3622.14	3738.71	3858.93	3982.79	4110.29	4237.79	4368.93	4500.07	4634.86
YrIncome						38,307	39,531	40,799	42,111	43,466	44,865	46,307	47,793	49,323	50,853	52,427	54,001	55,618
36%						1149.22	1185.94	1223.97	1263.32	1303.97	1345.94	1389.21	1433.80	1479.70	1525.60	1572.81	1620.03	1668.55
MaxDebt/Mth						255.38	263.54	271.99	280.74	289.77	299.10	308.71	318.62	328.82	339.02	349.51	360.01	370.79
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	24,000	96,000	0.00	175.00	200.00	462.72	489.60	517.44	546.24	576.00	606.72	638.40	671.04	704.64	738.24	772.80	807.36	842.88
PITI		20%Dwn				837.72	864.60	892.44	921.24	951.00	981.72	1013.40	1046.04	1079.64	1113.24	1147.80	1182.36	1217.88
28%						2991.86	3087.86	3187.29	3290.14	3396.43	3506.14	3619.29	3735.86	3855.86	3975.86	4099.29	4222.71	4349.57
YrIncome						35,902	37,054	38,247	39,482	40,757	42,074	43,431	44,830	46,270	47,710	49,191	50,673	52,195
36%						1077.07	1111.63	1147.42	1184.45	1222.71	1262.21	1302.94	1344.91	1388.11	1431.31	1475.74	1520.18	1565.85
MaxDebt/Mth						239.35	247.03	254.98	263.21	271.71	280.49	289.54	298.87	308.47	318.07	327.94	337.82	347.97
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	30,000	90,000	0.00	175.00	200.00	433.80	459.00	485.10	512.10	540.00	568.80	598.50	629.10	660.60	692.10	724.50	756.90	790.20
PITI		25%Dwn				808.80	834.00	860.10	887.10	915.00	943.80	973.50	1004.10	1035.60	1067.10	1099.50	1131.90	1165.20
28%						2888.57	2978.57	3071.79	3168.21	3267.86	3370.71	3476.79	3586.07	3698.57	3811.07	3926.79	4042.50	4161.43
YrIncome						34,663	35,743	36,861	38,019	39,214	40,449	41,721	43,033	44,383	45,733	47,121	48,510	49,937
36%						1039.89	1072.29	1105.84	1140.56	1176.43	1213.46	1251.64	1290.99	1331.49	1371.99	1413.64	1455.30	1498.11
MaxDebt/Mth						231.09	238.29	245.74	253.46	261.43	269.66	278.14	286.89	295.89	304.89	314.14	323.40	332.91
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	36,000	84,000	0.00	175.00	200.00	404.88	428.40	452.76	477.96	504.00	530.88	558.60	587.16	616.56	645.96	676.20	706.44	737.52
PITI		30%Dwn				779.88	803.40	827.76	852.96	879.00	905.88	933.60	962.16	991.56	1020.96	1051.20	1081.44	1112.52
28%						2785.29	2869.29	2956.29	3046.29	3139.29	3235.29	3334.29	3436.29	3541.29	3646.29	3754.29	3862.29	3973.29
YrIncome						33,423	34,431	35,475	36,555	37,671	38,823	40,011	41,235	42,495	43,755	45,051	46,347	47,679
36%						1002.70	1032.94	1064.26	1096.66	1130.14	1164.70	1200.34	1237.06	1274.86	1312.66	1351.54	1390.42	1430.38
MaxDebt/Mth						222.82	229.54	236.50	243.70	251.14	258.82	266.74	274.90	283.30	291.70	300.34	308.98	317.86
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	42,000	78,000	0.00	175.00	200.00	375.96	397.80	420.42	443.82	468.00	492.96	518.70	545.22	572.52	599.82	627.90	655.98	684.84
PITI		35%Dwn				750.96	772.80	795.42	818.82	843.00	867.96	893.70	920.22	947.52	974.82	1002.90	1030.98	1059.84
28%						2682.00	2760.00	2840.79	2924.36	3010.71	3099.86	3191.79	3286.50	3384.00	3481.50	3581.79	3682.07	3785.14
YrIncome						32,184	33,120	34,089	35,092	36,129	37,198	38,301	39,438	40,608	41,778	42,981	44,185	45,422
36%						965.52	993.60	1022.68	1052.77	1083.86	1115.95	1149.04	1183.14	1218.24	1253.34	1289.44	1325.55	1362.65
MaxDebt/Mth						214.56	220.80	227.26	233.95	240.86	247.99	255.34	262.92	270.72	278.52	286.54	294.57	302.81
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	48,000	72,000	0.00	175.00	200.00	347.04	367.20	388.08	409.68	432.00	455.04	478.80	503.28	528.48	553.68	579.60	605.52	632.16
PITI		40%Dwn				722.04	742.20	763.08	784.68	807.00	830.04	853.80	878.28	903.48	928.68	954.60	980.52	1007.16
28%						2578.71	2650.71	2725.29	2802.43	2882.14	2964.43	3049.29	3136.71	3226.71	3316.71	3409.29	3501.86	3597.00
YrIncome						30,945	31,809	32,703	33,629	34,586	35,573	36,591	37,641	38,721	39,801	40,911	42,022	43,164
36%						928.34	954.26	981.10	1008.87	1037.57	1067.19	1097.74	1129.22	1161.62	1194.02	1227.34	1260.67	1294.92
MaxDebt/Mth						206.30	212.06	218.02	224.19	230.57	237.15	243.94	250.94	258.14	265.34	272.74	280.15	287.76
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	54,000	66,000	0.00	175.00	200.00	318.12	336.60	355.74	375.54	396.00	417.12	438.90	461.34	484.44	507.54	531.30	555.06	579.48
PITI		45%Dwn				693.12	711.60	730.74	750.54	771.00	792.12	813.90	836.34	859.44	882.54	906.30	930.06	954.48
28%						2475.43	2541.43	2609.79	2680.50	2753.57	2829.00	2906.79	2986.93	3069.43	3151.93	3236.79	3321.64	3408.86
YrIncome						29,705	30,497	31,317	32,166	33,043	33,948	34,881	35,843	36,833	37,823	38,841	39,860	40,906
36%						891.15	914.91	939.52	964.98	991.29	1018.44	1046.44	1075.29	1104.99	1134.69	1165.24	1195.79	1227.19
MaxDebt/Mth						198.03	203.31	208.78	214.44	220.29	226.32	232.54	238.95	245.55	252.15	258.94	265.73	272.71
Price	Down	Loan	PMI/Mth	Ins/Mth	Taxes/Mth	4.00	4.50	5.00	5.50	6.00	6.50	7.00	7.50	8.00	8.50	9.00	9.50	9.50
120,000	60,000	60,000	0.00	175.00	200.00	289.20	306.00	323.40	341.40	360.00	379.20	399.00	419.40	440.40	461.40	483.00	504.60	526.80
PITI		50%Dwn				664.20	681.00	698.40	716.40	735.00	754.20	774.00	794.40	815.40	836.40	858.00	879.60	901.80
28%						2372.14	2432.14	2494.29	2558.57	2625.00	2693.57	2764.29	2837.14	2912.14	2987.14	3064.29	3141.43	3220.71
YrIncome						28,466	29,186	29,931	30,703	31,500	32,323	33,171	34,046	34,946	35,846	36,771	37,697	38,649
36%						853.97	875.57	897.94	921.09	945.00	969.69	995.14	1021.37	1048.37	1075.37	1103.14	1130.91	1159.46
MaxDebt/Mth						189.77	194.57	199.54	204.69	210.00	215.49	221.14	226.97	232.97	238.97	245.14	251.31	257.66