Computations based on a sale price of				$170,000
						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
170,000	8,500	161,500	104.98	247.92	283.33	778.43	823.65	870.49	918.94	969.00	1020.68	1073.98	1128.89	1185.41	1241.94	1300.08	1358.22	1417.97
PITI		5% Dwn				1414.66	1459.88	1506.71	1555.16	1605.23	1656.91	1710.20	1765.11	1821.64	1878.16	1936.30	1994.44	2054.20
28%						5052.34	5213.84	5381.11	5554.14	5732.95	5917.52	6107.86	6303.96	6505.84	6707.71	6915.36	7123.00	7336.41
YrIncome						60,628	62,566	64,573	66,650	68,795	71,010	73,294	75,648	78,070	80,493	82,984	85,476	88,037
36%						1818.84	1876.98	1937.20	1999.49	2063.86	2130.31	2198.83	2269.43	2342.10	2414.78	2489.53	2564.28	2641.11
MaxDebt/Mth						404.19	417.11	430.49	444.33	458.64	473.40	488.63	504.32	520.47	536.62	553.23	569.84	586.91
	Remember	Est. Closing Costs>>>>		11,900
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
170,000	17,000	153,000	66.30	247.92	283.33	737.46	780.30	824.67	870.57	918.00	966.96	1017.45	1069.47	1123.02	1176.57	1231.65	1286.73	1343.34
PITI		10%Dwn				1335.01	1377.85	1422.22	1468.12	1515.55	1564.51	1615.00	1667.02	1720.57	1774.12	1829.20	1884.28	1940.89
28%						4767.89	4920.89	5079.36	5243.29	5412.68	5587.54	5767.86	5953.64	6144.89	6336.14	6532.86	6729.57	6931.75
YrIncome						57,215	59,051	60,952	62,919	64,952	67,050	69,214	71,444	73,739	76,034	78,394	80,755	83,181
36%						1716.44	1771.52	1828.57	1887.58	1948.56	2011.51	2076.43	2143.31	2212.16	2281.01	2351.83	2422.65	2495.43
MaxDebt/Mth						381.43	393.67	406.35	419.46	433.01	447.00	461.43	476.29	491.59	506.89	522.63	538.37	554.54
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
170,000	25,500	144,500	38.53	247.92	283.33	696.49	736.95	778.86	822.21	867.00	913.24	960.93	1010.06	1060.63	1111.21	1163.23	1215.25	1268.71
PITI		15%Dwn				1266.27	1306.73	1348.64	1391.99	1436.78	1483.02	1530.71	1579.84	1630.41	1680.99	1733.01	1785.03	1838.49
28%						4522.40	4666.90	4816.57	4971.39	5131.37	5296.51	5466.82	5642.28	5822.90	6003.53	6189.32	6375.10	6566.05
YrIncome						54,269	56,003	57,799	59,657	61,576	63,558	65,602	67,707	69,875	72,042	74,272	76,501	78,793
36%						1628.07	1680.09	1733.96	1789.70	1847.29	1906.74	1968.05	2031.22	2096.25	2161.27	2228.15	2295.04	2363.78
MaxDebt/Mth						361.79	373.35	385.33	397.71	410.51	423.72	437.35	451.38	465.83	480.28	495.15	510.01	525.28
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
170,000	34,000	136,000	0.00	247.92	283.33	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		20%Dwn				1186.77	1224.85	1264.29	1305.09	1347.25	1390.77	1435.65	1481.89	1529.49	1577.09	1626.05	1675.01	1725.33
28%						4238.46	4374.46	4515.32	4661.04	4811.61	4967.04	5127.32	5292.46	5462.46	5632.46	5807.32	5982.18	6161.89
YrIncome						50,862	52,494	54,184	55,932	57,739	59,604	61,528	63,510	65,550	67,590	69,688	71,786	73,943
36%						1525.85	1574.81	1625.52	1677.97	1732.18	1788.13	1845.84	1905.29	1966.49	2027.69	2090.64	2153.58	2218.28
MaxDebt/Mth						339.08	349.96	361.23	372.88	384.93	397.36	410.19	423.40	437.00	450.60	464.59	478.57	492.95
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
170,000	42,500	127,500	0.00	247.92	283.33	614.55	650.25	687.23	725.48	765.00	805.80	847.88	891.23	935.85	980.48	1026.38	1072.28	1119.45
PITI		25%Dwn				1145.80	1181.50	1218.48	1256.73	1296.25	1337.05	1379.13	1422.48	1467.10	1511.73	1557.63	1603.53	1650.70
28%						4092.14	4219.64	4351.70	4488.30	4629.46	4775.18	4925.45	5080.27	5239.64	5399.02	5562.95	5726.88	5895.36
YrIncome						49,106	50,636	52,220	53,860	55,554	57,302	59,105	60,963	62,876	64,788	66,755	68,723	70,744
36%						1473.17	1519.07	1566.61	1615.79	1666.61	1719.06	1773.16	1828.90	1886.27	1943.65	2002.66	2061.68	2122.33
MaxDebt/Mth						327.37	337.57	348.14	359.06	370.36	382.01	394.04	406.42	419.17	431.92	445.04	458.15	471.63
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
170,000	51,000	119,000	0.00	247.92	283.33	573.58	606.90	641.41	677.11	714.00	752.08	791.35	831.81	873.46	915.11	957.95	1000.79	1044.82
PITI		30%Dwn				1104.83	1138.15	1172.66	1208.36	1245.25	1283.33	1322.60	1363.06	1404.71	1446.36	1489.20	1532.04	1576.07
28%						3945.82	4064.82	4188.07	4315.57	4447.32	4583.32	4723.57	4868.07	5016.82	5165.57	5318.57	5471.57	5628.82
YrIncome						47,350	48,778	50,257	51,787	53,368	55,000	56,683	58,417	60,202	61,987	63,823	65,659	67,546
36%						1420.50	1463.34	1507.71	1553.61	1601.04	1650.00	1700.49	1752.51	1806.06	1859.61	1914.69	1969.77	2026.38
MaxDebt/Mth						315.67	325.19	335.05	345.25	355.79	366.67	377.89	389.45	401.35	413.25	425.49	437.73	450.31
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
170,000	59,500	110,500	0.00	247.92	283.33	532.61	563.55	595.60	628.75	663.00	698.36	734.83	772.40	811.07	849.75	889.53	929.31	970.19
PITI		35%Dwn				1063.86	1094.80	1126.85	1160.00	1194.25	1229.61	1266.08	1303.65	1342.32	1381.00	1420.78	1460.56	1501.44
28%						3799.50	3910.00	4024.45	4142.84	4265.18	4391.46	4521.70	4655.88	4794.00	4932.13	5074.20	5216.27	5362.29
YrIncome						45,594	46,920	48,293	49,714	51,182	52,698	54,260	55,871	57,528	59,186	60,890	62,595	64,347
36%						1367.82	1407.60	1448.80	1491.42	1535.46	1580.93	1627.81	1676.12	1725.84	1775.57	1826.71	1877.86	1930.42
MaxDebt/Mth						303.96	312.80	321.96	331.43	341.21	351.32	361.74	372.47	383.52	394.57	405.94	417.30	428.98
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
170,000	68,000	102,000	0.00	247.92	283.33	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		40%Dwn				1022.89	1051.45	1081.03	1111.63	1143.25	1175.89	1209.55	1244.23	1279.93	1315.63	1352.35	1389.07	1426.81
28%						3653.18	3755.18	3860.82	3970.11	4083.04	4199.61	4319.82	4443.68	4571.18	4698.68	4829.82	4960.96	5095.75
YrIncome						43,838	45,062	46,330	47,641	48,996	50,395	51,838	53,324	54,854	56,384	57,958	59,532	61,149
36%						1315.14	1351.86	1389.90	1429.24	1469.89	1511.86	1555.14	1599.72	1645.62	1691.52	1738.74	1785.95	1834.47
MaxDebt/Mth						292.25	300.41	308.87	317.61	326.64	335.97	345.59	355.49	365.69	375.89	386.39	396.88	407.66
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
170,000	76,500	93,500	0.00	247.92	283.33	450.67	476.85	503.97	532.02	561.00	590.92	621.78	653.57	686.29	719.02	752.68	786.34	820.93
PITI		45%Dwn				981.92	1008.10	1035.22	1063.27	1092.25	1122.17	1153.03	1184.82	1217.54	1250.27	1283.93	1317.59	1352.18
28%						3506.86	3600.36	3697.20	3797.38	3900.89	4007.75	4117.95	4231.48	4348.36	4465.23	4585.45	4705.66	4829.21
YrIncome						42,082	43,204	44,366	45,569	46,811	48,093	49,415	50,778	52,180	53,583	55,025	56,468	57,951
36%						1262.47	1296.13	1330.99	1367.06	1404.32	1442.79	1482.46	1523.33	1565.41	1607.48	1650.76	1694.04	1738.52
MaxDebt/Mth						280.55	288.03	295.78	303.79	312.07	320.62	329.44	338.52	347.87	357.22	366.84	376.45	386.34
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
170,000	85,000	85,000	0.00	247.92	283.33	409.70	433.50	458.15	483.65	510.00	537.20	565.25	594.15	623.90	653.65	684.25	714.85	746.30
PITI		50%Dwn				940.95	964.75	989.40	1014.90	1041.25	1068.45	1096.50	1125.40	1155.15	1184.90	1215.50	1246.10	1277.55
28%						3360.54	3445.54	3533.57	3624.64	3718.75	3815.89	3916.07	4019.29	4125.54	4231.79	4341.07	4450.36	4562.68
YrIncome						40,326	41,346	42,403	43,496	44,625	45,791	46,993	48,231	49,506	50,781	52,093	53,404	54,752
36%						1209.79	1240.39	1272.09	1304.87	1338.75	1373.72	1409.79	1446.94	1485.19	1523.44	1562.79	1602.13	1642.56
MaxDebt/Mth						268.84	275.64	282.69	289.97	297.50	305.27	313.29	321.54	330.04	338.54	347.29	356.03	365.01