Computations based on a sale price of				$160,000
						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
160,000	8,000	152,000	98.80	233.33	266.67	732.64	775.20	819.28	864.88	912.00	960.64	1010.80	1062.48	1115.68	1168.88	1223.60	1278.32	1334.56
PITI		5% Dwn				1331.44	1374.00	1418.08	1463.68	1510.80	1559.44	1609.60	1661.28	1714.48	1767.68	1822.40	1877.12	1933.36
28%						4755.14	4907.14	5064.57	5227.43	5395.71	5569.43	5748.57	5933.14	6123.14	6313.14	6508.57	6704.00	6904.86
YrIncome						57,062	58,886	60,775	62,729	64,749	66,833	68,983	71,198	73,478	75,758	78,103	80,448	82,858
36%						1711.85	1766.57	1823.25	1881.87	1942.46	2004.99	2069.49	2135.93	2204.33	2272.73	2343.09	2413.44	2485.75
MaxDebt/Mth						380.41	392.57	405.17	418.19	431.66	445.55	459.89	474.65	489.85	505.05	520.69	536.32	552.39
	Remember	Est. Closing Costs>>>>		11,200
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
160,000	16,000	144,000	62.40	233.33	266.67	694.08	734.40	776.16	819.36	864.00	910.08	957.60	1006.56	1056.96	1107.36	1159.20	1211.04	1264.32
PITI		10%Dwn				1256.48	1296.80	1338.56	1381.76	1426.40	1472.48	1520.00	1568.96	1619.36	1669.76	1721.60	1773.44	1826.72
28%						4487.43	4631.43	4780.57	4934.86	5094.29	5258.86	5428.57	5603.43	5783.43	5963.43	6148.57	6333.71	6524.00
YrIncome						53,849	55,577	57,367	59,218	61,131	63,106	65,143	67,241	69,401	71,561	73,783	76,005	78,288
36%						1615.47	1667.31	1721.01	1776.55	1833.94	1893.19	1954.29	2017.23	2082.03	2146.83	2213.49	2280.14	2348.64
MaxDebt/Mth						358.99	370.51	382.45	394.79	407.54	420.71	434.29	448.27	462.67	477.07	491.89	506.70	521.92
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
160,000	24,000	136,000	36.27	233.33	266.67	655.52	693.60	733.04	773.84	816.00	859.52	904.40	950.64	998.24	1045.84	1094.80	1143.76	1194.08
PITI		15%Dwn				1191.79	1229.87	1269.31	1310.11	1352.27	1395.79	1440.67	1486.91	1534.51	1582.11	1631.07	1680.03	1730.35
28%						4256.38	4392.38	4533.24	4678.95	4829.52	4984.95	5145.24	5310.38	5480.38	5650.38	5825.24	6000.10	6179.81
YrIncome						51,077	52,709	54,399	56,147	57,954	59,819	61,743	63,725	65,765	67,805	69,903	72,001	74,158
36%						1532.30	1581.26	1631.97	1684.42	1738.63	1794.58	1852.29	1911.74	1972.94	2034.14	2097.09	2160.03	2224.73
MaxDebt/Mth						340.51	351.39	362.66	374.32	386.36	398.80	411.62	424.83	438.43	452.03	466.02	480.01	494.38
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
160,000	32,000	128,000	0.00	233.33	266.67	616.96	652.80	689.92	728.32	768.00	808.96	851.20	894.72	939.52	984.32	1030.40	1076.48	1123.84
PITI		20%Dwn				1116.96	1152.80	1189.92	1228.32	1268.00	1308.96	1351.20	1394.72	1439.52	1484.32	1530.40	1576.48	1623.84
28%						3989.14	4117.14	4249.71	4386.86	4528.57	4674.86	4825.71	4981.14	5141.14	5301.14	5465.71	5630.29	5799.43
YrIncome						47,870	49,406	50,997	52,642	54,343	56,098	57,909	59,774	61,694	63,614	65,589	67,563	69,593
36%						1436.09	1482.17	1529.90	1579.27	1630.29	1682.95	1737.26	1793.21	1850.81	1908.41	1967.66	2026.90	2087.79
MaxDebt/Mth						319.13	329.37	339.98	350.95	362.29	373.99	386.06	398.49	411.29	424.09	437.26	450.42	463.95
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
160,000	40,000	120,000	0.00	233.33	266.67	578.40	612.00	646.80	682.80	720.00	758.40	798.00	838.80	880.80	922.80	966.00	1009.20	1053.60
PITI		25%Dwn				1078.40	1112.00	1146.80	1182.80	1220.00	1258.40	1298.00	1338.80	1380.80	1422.80	1466.00	1509.20	1553.60
28%						3851.43	3971.43	4095.71	4224.29	4357.14	4494.29	4635.71	4781.43	4931.43	5081.43	5235.71	5390.00	5548.57
YrIncome						46,217	47,657	49,149	50,691	52,286	53,931	55,629	57,377	59,177	60,977	62,829	64,680	66,583
36%						1386.51	1429.71	1474.46	1520.74	1568.57	1617.94	1668.86	1721.31	1775.31	1829.31	1884.86	1940.40	1997.49
MaxDebt/Mth						308.11	317.71	327.66	337.94	348.57	359.54	370.86	382.51	394.51	406.51	418.86	431.20	443.89
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
160,000	48,000	112,000	0.00	233.33	266.67	539.84	571.20	603.68	637.28	672.00	707.84	744.80	782.88	822.08	861.28	901.60	941.92	983.36
PITI		30%Dwn				1039.84	1071.20	1103.68	1137.28	1172.00	1207.84	1244.80	1282.88	1322.08	1361.28	1401.60	1441.92	1483.36
28%						3713.71	3825.71	3941.71	4061.71	4185.71	4313.71	4445.71	4581.71	4721.71	4861.71	5005.71	5149.71	5297.71
YrIncome						44,565	45,909	47,301	48,741	50,229	51,765	53,349	54,981	56,661	58,341	60,069	61,797	63,573
36%						1336.94	1377.26	1419.02	1462.22	1506.86	1552.94	1600.46	1649.42	1699.82	1750.22	1802.06	1853.90	1907.18
MaxDebt/Mth						297.10	306.06	315.34	324.94	334.86	345.10	355.66	366.54	377.74	388.94	400.46	411.98	423.82
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
160,000	56,000	104,000	0.00	233.33	266.67	501.28	530.40	560.56	591.76	624.00	657.28	691.60	726.96	763.36	799.76	837.20	874.64	913.12
PITI		35%Dwn				1001.28	1030.40	1060.56	1091.76	1124.00	1157.28	1191.60	1226.96	1263.36	1299.76	1337.20	1374.64	1413.12
28%						3576.00	3680.00	3787.71	3899.14	4014.29	4133.14	4255.71	4382.00	4512.00	4642.00	4775.71	4909.43	5046.86
YrIncome						42,912	44,160	45,453	46,790	48,171	49,598	51,069	52,584	54,144	55,704	57,309	58,913	60,562
36%						1287.36	1324.80	1363.58	1403.69	1445.14	1487.93	1532.06	1577.52	1624.32	1671.12	1719.26	1767.39	1816.87
MaxDebt/Mth						286.08	294.40	303.02	311.93	321.14	330.65	340.46	350.56	360.96	371.36	382.06	392.75	403.75
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
160,000	64,000	96,000	0.00	233.33	266.67	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		40%Dwn				962.72	989.60	1017.44	1046.24	1076.00	1106.72	1138.40	1171.04	1204.64	1238.24	1272.80	1307.36	1342.88
28%						3438.29	3534.29	3633.71	3736.57	3842.86	3952.57	4065.71	4182.29	4302.29	4422.29	4545.71	4669.14	4796.00
YrIncome						41,259	42,411	43,605	44,839	46,114	47,431	48,789	50,187	51,627	53,067	54,549	56,030	57,552
36%						1237.78	1272.34	1308.14	1345.17	1383.43	1422.93	1463.66	1505.62	1548.82	1592.02	1636.46	1680.89	1726.56
MaxDebt/Mth						275.06	282.74	290.70	298.93	307.43	316.21	325.26	334.58	344.18	353.78	363.66	373.53	383.68
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
160,000	72,000	88,000	0.00	233.33	266.67	424.16	448.80	474.32	500.72	528.00	556.16	585.20	615.12	645.92	676.72	708.40	740.08	772.64
PITI		45%Dwn				924.16	948.80	974.32	1000.72	1028.00	1056.16	1085.20	1115.12	1145.92	1176.72	1208.40	1240.08	1272.64
28%						3300.57	3388.57	3479.71	3574.00	3671.43	3772.00	3875.71	3982.57	4092.57	4202.57	4315.71	4428.86	4545.14
YrIncome						39,607	40,663	41,757	42,888	44,057	45,264	46,509	47,791	49,111	50,431	51,789	53,146	54,542
36%						1188.21	1219.89	1252.70	1286.64	1321.71	1357.92	1395.26	1433.73	1473.33	1512.93	1553.66	1594.39	1636.25
MaxDebt/Mth						264.05	271.09	278.38	285.92	293.71	301.76	310.06	318.61	327.41	336.21	345.26	354.31	363.61
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
160,000	80,000	80,000	0.00	233.33	266.67	385.60	408.00	431.20	455.20	480.00	505.60	532.00	559.20	587.20	615.20	644.00	672.80	702.40
PITI		50%Dwn				885.60	908.00	931.20	955.20	980.00	1005.60	1032.00	1059.20	1087.20	1115.20	1144.00	1172.80	1202.40
28%						3162.86	3242.86	3325.71	3411.43	3500.00	3591.43	3685.71	3782.86	3882.86	3982.86	4085.71	4188.57	4294.29
YrIncome						37,954	38,914	39,909	40,937	42,000	43,097	44,229	45,394	46,594	47,794	49,029	50,263	51,531
36%						1138.63	1167.43	1197.26	1228.11	1260.00	1292.91	1326.86	1361.83	1397.83	1433.83	1470.86	1507.89	1545.94
MaxDebt/Mth						253.03	259.43	266.06	272.91	280.00	287.31	294.86	302.63	310.63	318.63	326.86	335.09	343.54