Computations based on a sale price of				$220,000
						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 Partners
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
220,000	11,000	209,000	135.85	320.83	366.67	1007.38	1065.90	1126.51	1189.21	1254.00	1320.88	1389.85	1460.91	1534.06	1607.21	1682.45	1757.69	1835.02
PITI		5% Dwn				1830.73	1889.25	1949.86	2012.56	2077.35	2144.23	2213.20	2284.26	2357.41	2430.56	2505.80	2581.04	2658.37
28%						6538.32	6747.32	6963.79	7187.71	7419.11	7657.96	7904.29	8158.07	8419.32	8680.57	8949.29	9218.00	9494.18
YrIncome						78,460	80,968	83,565	86,253	89,029	91,896	94,851	97,897	101,032	104,167	107,391	110,616	113,930
36%						2353.80	2429.04	2506.96	2587.58	2670.88	2756.87	2845.54	2936.91	3030.96	3125.01	3221.74	3318.48	3417.90
MaxDebt/Mth						523.07	539.79	557.10	575.02	593.53	612.64	632.34	652.65	673.55	694.45	715.94	737.44	759.53
	Remember	Est. Closing Costs>>>>		15,400
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
220,000	22,000	198,000	85.80	320.83	366.67	954.36	1009.80	1067.22	1126.62	1188.00	1251.36	1316.70	1384.02	1453.32	1522.62	1593.90	1665.18	1738.44
PITI		10%Dwn				1727.66	1783.10	1840.52	1899.92	1961.30	2024.66	2090.00	2157.32	2226.62	2295.92	2367.20	2438.48	2511.74
28%						6170.21	6368.21	6573.29	6785.43	7004.64	7230.93	7464.29	7704.71	7952.21	8199.71	8454.29	8708.86	8970.50
YrIncome						74,043	76,419	78,879	81,425	84,056	86,771	89,571	92,457	95,427	98,397	101,451	104,506	107,646
36%						2221.28	2292.56	2366.38	2442.75	2521.67	2603.13	2687.14	2773.70	2862.80	2951.90	3043.54	3135.19	3229.38
MaxDebt/Mth						493.62	509.46	525.86	542.83	560.37	578.47	597.14	616.38	636.18	655.98	676.34	696.71	717.64
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
220,000	33,000	187,000	49.87	320.83	366.67	901.34	953.70	1007.93	1064.03	1122.00	1181.84	1243.55	1307.13	1372.58	1438.03	1505.35	1572.67	1641.86
PITI		15%Dwn				1638.71	1691.07	1745.30	1801.40	1859.37	1919.21	1980.92	2044.50	2109.95	2175.40	2242.72	2310.04	2379.23
28%						5852.52	6039.52	6233.20	6433.56	6640.60	6854.31	7074.70	7301.77	7535.52	7769.27	8009.70	8250.13	8497.24
YrIncome						70,230	72,474	74,798	77,203	79,687	82,252	84,896	87,621	90,426	93,231	96,116	99,002	101,967
36%						2106.91	2174.23	2243.95	2316.08	2390.61	2467.55	2546.89	2628.64	2712.79	2796.94	2883.49	2970.05	3059.01
MaxDebt/Mth						468.20	483.16	498.66	514.68	531.25	548.34	565.98	584.14	602.84	621.54	640.78	660.01	679.78
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
220,000	44,000	176,000	0.00	320.83	366.67	848.32	897.60	948.64	1001.44	1056.00	1112.32	1170.40	1230.24	1291.84	1353.44	1416.80	1480.16	1545.28
PITI		20%Dwn				1535.82	1585.10	1636.14	1688.94	1743.50	1799.82	1857.90	1917.74	1979.34	2040.94	2104.30	2167.66	2232.78
28%						5485.07	5661.07	5843.36	6031.93	6226.79	6427.93	6635.36	6849.07	7069.07	7289.07	7515.36	7741.64	7974.21
YrIncome						65,821	67,933	70,120	72,383	74,721	77,135	79,624	82,189	84,829	87,469	90,184	92,900	95,691
36%						1974.63	2037.99	2103.61	2171.49	2241.64	2314.05	2388.73	2465.67	2544.87	2624.07	2705.53	2786.99	2870.72
MaxDebt/Mth						438.81	452.89	467.47	482.55	498.14	514.23	530.83	547.93	565.53	583.13	601.23	619.33	637.94
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
220,000	55,000	165,000	0.00	320.83	366.67	795.30	841.50	889.35	938.85	990.00	1042.80	1097.25	1153.35	1211.10	1268.85	1328.25	1387.65	1448.70
PITI		25%Dwn				1482.80	1529.00	1576.85	1626.35	1677.50	1730.30	1784.75	1840.85	1898.60	1956.35	2015.75	2075.15	2136.20
28%						5295.71	5460.71	5631.61	5808.39	5991.07	6179.64	6374.11	6574.46	6780.71	6986.96	7199.11	7411.25	7629.29
YrIncome						63,549	65,529	67,579	69,701	71,893	74,156	76,489	78,894	81,369	83,844	86,389	88,935	91,551
36%						1906.46	1965.86	2027.38	2091.02	2156.79	2224.67	2294.68	2366.81	2441.06	2515.31	2591.68	2668.05	2746.54
MaxDebt/Mth						423.66	436.86	450.53	464.67	479.29	494.37	509.93	525.96	542.46	558.96	575.93	592.90	610.34
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
220,000	66,000	154,000	0.00	320.83	366.67	742.28	785.40	830.06	876.26	924.00	973.28	1024.10	1076.46	1130.36	1184.26	1239.70	1295.14	1352.12
PITI		30%Dwn				1429.78	1472.90	1517.56	1563.76	1611.50	1660.78	1711.60	1763.96	1817.86	1871.76	1927.20	1982.64	2039.62
28%						5106.36	5260.36	5419.86	5584.86	5755.36	5931.36	6112.86	6299.86	6492.36	6684.86	6882.86	7080.86	7284.36
YrIncome						61,276	63,124	65,038	67,018	69,064	71,176	73,354	75,598	77,908	80,218	82,594	84,970	87,412
36%						1838.29	1893.73	1951.15	2010.55	2071.93	2135.29	2200.63	2267.95	2337.25	2406.55	2477.83	2549.11	2622.37
MaxDebt/Mth						408.51	420.83	433.59	446.79	460.43	474.51	489.03	503.99	519.39	534.79	550.63	566.47	582.75
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
220,000	77,000	143,000	0.00	320.83	366.67	689.26	729.30	770.77	813.67	858.00	903.76	950.95	999.57	1049.62	1099.67	1151.15	1202.63	1255.54
PITI		35%Dwn				1376.76	1416.80	1458.27	1501.17	1545.50	1591.26	1638.45	1687.07	1737.12	1787.17	1838.65	1890.13	1943.04
28%						4917.00	5060.00	5208.11	5361.32	5519.64	5683.07	5851.61	6025.25	6204.00	6382.75	6566.61	6750.46	6939.43
YrIncome						59,004	60,720	62,497	64,336	66,236	68,197	70,219	72,303	74,448	76,593	78,799	81,006	83,273
36%						1770.12	1821.60	1874.92	1930.08	1987.07	2045.91	2106.58	2169.09	2233.44	2297.79	2363.98	2430.17	2498.19
MaxDebt/Mth						393.36	404.80	416.65	428.91	441.57	454.65	468.13	482.02	496.32	510.62	525.33	540.04	555.15
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
220,000	88,000	132,000	0.00	320.83	366.67	636.24	673.20	711.48	751.08	792.00	834.24	877.80	922.68	968.88	1015.08	1062.60	1110.12	1158.96
PITI		40%Dwn				1323.74	1360.70	1398.98	1438.58	1479.50	1521.74	1565.30	1610.18	1656.38	1702.58	1750.10	1797.62	1846.46
28%						4727.64	4859.64	4996.36	5137.79	5283.93	5434.79	5590.36	5750.64	5915.64	6080.64	6250.36	6420.07	6594.50
YrIncome						56,732	58,316	59,956	61,653	63,407	65,217	67,084	69,008	70,988	72,968	75,004	77,041	79,134
36%						1701.95	1749.47	1798.69	1849.60	1902.21	1956.52	2012.53	2070.23	2129.63	2189.03	2250.13	2311.23	2374.02
MaxDebt/Mth						378.21	388.77	399.71	411.02	422.71	434.78	447.23	460.05	473.25	486.45	500.03	513.61	527.56
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
220,000	99,000	121,000	0.00	320.83	366.67	583.22	617.10	652.19	688.49	726.00	764.72	804.65	845.79	888.14	930.49	974.05	1017.61	1062.38
PITI		45%Dwn				1270.72	1304.60	1339.69	1375.99	1413.50	1452.22	1492.15	1533.29	1575.64	1617.99	1661.55	1705.11	1749.88
28%						4538.29	4659.29	4784.61	4914.25	5048.21	5186.50	5329.11	5476.04	5627.29	5778.54	5934.11	6089.68	6249.57
YrIncome						54,459	55,911	57,415	58,971	60,579	62,238	63,949	65,712	67,527	69,342	71,209	73,076	74,995
36%						1633.78	1677.34	1722.46	1769.13	1817.36	1867.14	1918.48	1971.37	2025.82	2080.27	2136.28	2192.28	2249.85
MaxDebt/Mth						363.06	372.74	382.77	393.14	403.86	414.92	426.33	438.08	450.18	462.28	474.73	487.17	499.97
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
220,000	110,000	110,000	0.00	320.83	366.67	530.20	561.00	592.90	625.90	660.00	695.20	731.50	768.90	807.40	845.90	885.50	925.10	965.80
PITI		50%Dwn				1217.70	1248.50	1280.40	1313.40	1347.50	1382.70	1419.00	1456.40	1494.90	1533.40	1573.00	1612.60	1653.30
28%						4348.93	4458.93	4572.86	4690.71	4812.50	4938.21	5067.86	5201.43	5338.93	5476.43	5617.86	5759.29	5904.64
YrIncome						52,187	53,507	54,874	56,289	57,750	59,259	60,814	62,417	64,067	65,717	67,414	69,111	70,856
36%						1565.61	1605.21