Computations based on a sale price of				$240,000
						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
240,000	12,000	228,000	148.20	350.00	400.00	1098.96	1162.80	1228.92	1297.32	1368.00	1440.96	1516.20	1593.72	1673.52	1753.32	1835.40	1917.48	2001.84
PITI		5% Dwn				1997.16	2061.00	2127.12	2195.52	2266.20	2339.16	2414.40	2491.92	2571.72	2651.52	2733.60	2815.68	2900.04
28%						7132.71	7360.71	7596.86	7841.14	8093.57	8354.14	8622.86	8899.71	9184.71	9469.71	9762.86	10056.00	10357.29
YrIncome						85,593	88,329	91,162	94,094	97,123	100,250	103,474	106,797	110,217	113,637	117,154	120,672	124,287
36%						2567.78	2649.86	2734.87	2822.81	2913.69	3007.49	3104.23	3203.90	3306.50	3409.10	3514.63	3620.16	3728.62
MaxDebt/Mth						570.62	588.86	607.75	627.29	647.49	668.33	689.83	711.98	734.78	757.58	781.03	804.48	828.58
	Remember	Est. Closing Costs>>>>		16,800
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
240,000	24,000	216,000	93.60	350.00	400.00	1041.12	1101.60	1164.24	1229.04	1296.00	1365.12	1436.40	1509.84	1585.44	1661.04	1738.80	1816.56	1896.48
PITI		10%Dwn				1884.72	1945.20	2007.84	2072.64	2139.60	2208.72	2280.00	2353.44	2429.04	2504.64	2582.40	2660.16	2740.08
28%						6731.14	6947.14	7170.86	7402.29	7641.43	7888.29	8142.86	8405.14	8675.14	8945.14	9222.86	9500.57	9786.00
YrIncome						80,774	83,366	86,050	88,827	91,697	94,659	97,714	100,862	104,102	107,342	110,674	114,007	117,432
36%						2423.21	2500.97	2581.51	2664.82	2750.91	2839.78	2931.43	3025.85	3123.05	3220.25	3320.23	3420.21	3522.96
MaxDebt/Mth						538.49	555.77	573.67	592.18	611.31	631.06	651.43	672.41	694.01	715.61	737.83	760.05	782.88
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
240,000	36,000	204,000	54.40	350.00	400.00	983.28	1040.40	1099.56	1160.76	1224.00	1289.28	1356.60	1425.96	1497.36	1568.76	1642.20	1715.64	1791.12
PITI		15%Dwn				1787.68	1844.80	1903.96	1965.16	2028.40	2093.68	2161.00	2230.36	2301.76	2373.16	2446.60	2520.04	2595.52
28%						6384.57	6588.57	6799.86	7018.43	7244.29	7477.43	7717.86	7965.57	8220.57	8475.57	8737.86	9000.14	9269.71
YrIncome						76,615	79,063	81,598	84,221	86,931	89,729	92,614	95,587	98,647	101,707	104,854	108,002	111,237
36%						2298.45	2371.89	2447.95	2526.63	2607.94	2691.87	2778.43	2867.61	2959.41	3051.21	3145.63	3240.05	3337.10
MaxDebt/Mth						510.77	527.09	543.99	561.47	579.54	598.19	617.43	637.25	657.65	678.05	699.03	720.01	741.58
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
240,000	48,000	192,000	0.00	350.00	400.00	925.44	979.20	1034.88	1092.48	1152.00	1213.44	1276.80	1342.08	1409.28	1476.48	1545.60	1614.72	1685.76
PITI		20%Dwn				1675.44	1729.20	1784.88	1842.48	1902.00	1963.44	2026.80	2092.08	2159.28	2226.48	2295.60	2364.72	2435.76
28%						5983.71	6175.71	6374.57	6580.29	6792.86	7012.29	7238.57	7471.71	7711.71	7951.71	8198.57	8445.43	8699.14
YrIncome						71,805	74,109	76,495	78,963	81,514	84,147	86,863	89,661	92,541	95,421	98,383	101,345	104,390
36%						2154.14	2223.26	2294.85	2368.90	2445.43	2524.42	2605.89	2689.82	2776.22	2862.62	2951.49	3040.35	3131.69
MaxDebt/Mth						478.70	494.06	509.97	526.42	543.43	560.98	579.09	597.74	616.94	636.14	655.89	675.63	695.93
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
240,000	60,000	180,000	0.00	350.00	400.00	867.60	918.00	970.20	1024.20	1080.00	1137.60	1197.00	1258.20	1321.20	1384.20	1449.00	1513.80	1580.40
PITI		25%Dwn				1617.60	1668.00	1720.20	1774.20	1830.00	1887.60	1947.00	2008.20	2071.20	2134.20	2199.00	2263.80	2330.40
28%						5777.14	5957.14	6143.57	6336.43	6535.71	6741.43	6953.57	7172.14	7397.14	7622.14	7853.57	8085.00	8322.86
YrIncome						69,326	71,486	73,723	76,037	78,429	80,897	83,443	86,066	88,766	91,466	94,243	97,020	99,874
36%						2079.77	2144.57	2211.69	2281.11	2352.86	2426.91	2503.29	2581.97	2662.97	2743.97	2827.29	2910.60	2996.23
MaxDebt/Mth						462.17	476.57	491.49	506.91	522.86	539.31	556.29	573.77	591.77	609.77	628.29	646.80	665.83
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
240,000	72,000	168,000	0.00	350.00	400.00	809.76	856.80	905.52	955.92	1008.00	1061.76	1117.20	1174.32	1233.12	1291.92	1352.40	1412.88	1475.04
PITI		30%Dwn				1559.76	1606.80	1655.52	1705.92	1758.00	1811.76	1867.20	1924.32	1983.12	2041.92	2102.40	2162.88	2225.04
28%						5570.57	5738.57	5912.57	6092.57	6278.57	6470.57	6668.57	6872.57	7082.57	7292.57	7508.57	7724.57	7946.57
YrIncome						66,847	68,863	70,951	73,111	75,343	77,647	80,023	82,471	84,991	87,511	90,103	92,695	95,359
36%						2005.41	2065.89	2128.53	2193.33	2260.29	2329.41	2400.69	2474.13	2549.73	2625.33	2703.09	2780.85	2860.77
MaxDebt/Mth						445.65	459.09	473.01	487.41	502.29	517.65	533.49	549.81	566.61	583.41	600.69	617.97	635.73
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
240,000	84,000	156,000	0.00	350.00	400.00	751.92	795.60	840.84	887.64	936.00	985.92	1037.40	1090.44	1145.04	1199.64	1255.80	1311.96	1369.68
PITI		35%Dwn				1501.92	1545.60	1590.84	1637.64	1686.00	1735.92	1787.40	1840.44	1895.04	1949.64	2005.80	2061.96	2119.68
28%						5364.00	5520.00	5681.57	5848.71	6021.43	6199.71	6383.57	6573.00	6768.00	6963.00	7163.57	7364.14	7570.29
YrIncome						64,368	66,240	68,179	70,185	72,257	74,397	76,603	78,876	81,216	83,556	85,963	88,370	90,843
36%						1931.04	1987.20	2045.37	2105.54	2167.71	2231.90	2298.09	2366.28	2436.48	2506.68	2578.89	2651.09	2725.30
MaxDebt/Mth						429.12	441.60	454.53	467.90	481.71	495.98	510.69	525.84	541.44	557.04	573.09	589.13	605.62
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
240,000	96,000	144,000	0.00	350.00	400.00	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		40%Dwn				1444.08	1484.40	1526.16	1569.36	1614.00	1660.08	1707.60	1756.56	1806.96	1857.36	1909.20	1961.04	2014.32
28%						5157.43	5301.43	5450.57	5604.86	5764.29	5928.86	6098.57	6273.43	6453.43	6633.43	6818.57	7003.71	7194.00
YrIncome						61,889	63,617	65,407	67,258	69,171	71,146	73,183	75,281	77,441	79,601	81,823	84,045	86,328
36%						1856.67	1908.51	1962.21	2017.75	2075.14	2134.39	2195.49	2258.43	2323.23	2388.03	2454.69	2521.34	2589.84
MaxDebt/Mth						412.59	424.11	436.05	448.39	461.14	474.31	487.89	501.87	516.27	530.67	545.49	560.30	575.52
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
240,000	108,000	132,000	0.00	350.00	400.00	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		45%Dwn				1386.24	1423.20	1461.48	1501.08	1542.00	1584.24	1627.80	1672.68	1718.88	1765.08	1812.60	1860.12	1908.96
28%						4950.86	5082.86	5219.57	5361.00	5507.14	5658.00	5813.57	5973.86	6138.86	6303.86	6473.57	6643.29	6817.71
YrIncome						59,410	60,994	62,635	64,332	66,086	67,896	69,763	71,686	73,666	75,646	77,683	79,719	81,813
36%						1782.31	1829.83	1879.05	1929.96	1982.57	2036.88	2092.89	2150.59	2209.99	2269.39	2330.49	2391.58	2454.38
MaxDebt/Mth						396.07	406.63	417.57	428.88	440.57	452.64	465.09	477.91	491.11	504.31	517.89	531.46	545.42
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
240,000	120,000	120,000	0.00	350.00	400.00	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		50%Dwn				1328.40	1362.00	1396.80	1432.80	1470.00	1508.40	1548.00	1588.80	1630.80	1672.80	1716.00	1759.20	1803.60
28%						4744.29	4864.29	4988.57	5117.14	5250.00	5387.14	5528.57	5674.29	5824.29	5974.29	6128.57	6282.86	6441.43
YrIncome						56,931	58,371	59,863	61,406	63,000	64,646	66,343	68,091	69,891	71,691	73,543	75,394	77,297
36%						1707.94	1751.14	1795.89	1842.17	1890.00	1939.37	1990.29	2042.74	2096.74	2150.74