Computations based on a sale price of  $270,000
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
       270,000       13,500        256,500 166.73 393.75 450.00 1236.33 1308.15 1382.54 1459.49 1539.00 1621.08 1705.73 1792.94 1882.71 1972.49 2064.83 2157.17 2252.07
 PITI  5% Dwn 2246.81 2318.63 2393.01 2469.96 2549.48 2631.56 2716.20 2803.41 2893.19 2982.96 3075.30 3167.64 3262.55
 28%      8024.30 8280.80 8546.46 8821.29 9105.27 9398.41 9700.71 10012.18 10332.80 10653.43 10983.21 11313.00 11651.95
 YrIncome            96,292       99,370      102,558      105,855      109,263      112,781      116,409      120,146      123,994      127,841      131,799      135,756      139,823
 36% 2888.75 2981.09 3076.73 3175.66 3277.90 3383.43 3492.26 3604.38 3719.81 3835.23 3953.96 4072.68 4194.70
 MaxDebt/Mth   641.94 662.46 683.72 705.70 728.42 751.87 776.06 800.97 826.62 852.27 878.66 905.04 932.16
 Remember  Est. Closing Costs>>>>  18,900
 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
       270,000       27,000        243,000 105.30 393.75 450.00 1171.26 1239.30 1309.77 1382.67 1458.00 1535.76 1615.95 1698.57 1783.62 1868.67 1956.15 2043.63 2133.54
 PITI  10%Dwn 2120.31 2188.35 2258.82 2331.72 2407.05 2484.81 2565.00 2647.62 2732.67 2817.72 2905.20 2992.68 3082.59
 28%   7572.54 7815.54 8067.21 8327.57 8596.61 8874.32 9160.71 9455.79 9759.54 10063.29 10375.71 10688.14 11009.25
 YrIncome         90,870       93,786       96,807       99,931      103,159      106,492      109,929      113,469      117,114      120,759      124,509      128,258      132,111
 36%   2726.11 2813.59 2904.20 2997.93 3094.78 3194.76 3297.86 3404.08 3513.43 3622.78 3735.26 3847.73 3963.33
 MaxDebt/Mth   605.80 625.24 645.38 666.21 687.73 709.95 732.86 756.46 780.76 805.06 830.06 855.05 880.74
 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
       270,000       40,500        229,500 61.20 393.75 450.00 1106.19 1170.45 1237.01 1305.86 1377.00 1450.44 1526.18 1604.21 1684.53 1764.86 1847.48 1930.10 2015.01
 PITI  15%Dwn 2011.14 2075.40 2141.96 2210.81 2281.95 2355.39 2431.13 2509.16 2589.48 2669.81 2752.43 2835.05 2919.96
 28%   7182.64 7412.14 7649.84 7895.73 8149.82 8412.11 8682.59 8961.27 9248.14 9535.02 9830.09 10125.16 10428.43
 YrIncome         86,192       88,946       91,798       94,749       97,798      100,945      104,191      107,535      110,978      114,420      117,961      121,502      125,141
 36% 2585.75 2668.37 2753.94 2842.46 2933.94 3028.36 3125.73 3226.06 3329.33 3432.61 3538.83 3645.06 3754.23
 MaxDebt/Mth 574.61 592.97 611.99 631.66 651.99 672.97 694.61 716.90 739.85 762.80 786.41 810.01 834.27
 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
       270,000       54,000        216,000 0.00 393.75 450.00 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  20%Dwn 1884.87 1945.35 2007.99 2072.79 2139.75 2208.87 2280.15 2353.59 2429.19 2504.79 2582.55 2660.31 2740.23
 28%   6731.68 6947.68 7171.39 7402.82 7641.96 7888.82 8143.39 8405.68 8675.68 8945.68 9223.39 9501.11 9786.54
 YrIncome       80,780       83,372       86,057       88,834       91,704       94,666       97,721      100,868      104,108      107,348      110,681      114,013      117,438
 36% 2423.40 2501.16 2581.70 2665.02 2751.11 2839.98 2931.62 3026.04 3123.24 3220.44 3320.42 3420.40 3523.15
 MaxDebt/Mth 538.53 555.81 573.71 592.23 611.36 631.11 651.47 672.45 694.05 715.65 737.87 760.09 782.92
 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
       270,000       67,500        202,500 0.00 393.75 450.00 976.05 1032.75 1091.48 1152.23 1215.00 1279.80 1346.63 1415.48 1486.35 1557.23 1630.13 1703.03 1777.95
 PITI  25%Dwn 1819.80 1876.50 1935.23 1995.98 2058.75 2123.55 2190.38 2259.23 2330.10 2400.98 2473.88 2546.78 2621.70
 28%   6499.29 6701.79 6911.52 7128.48 7352.68 7584.11 7822.77 8068.66 8321.79 8574.91 8835.27 9095.63 9363.21
 YrIncome       77,991       80,421       82,938       85,542       88,232       91,009       93,873       96,824       99,861      102,899      106,023      109,148      112,359
 36% 2339.74 2412.64 2488.15 2566.25 2646.96 2730.28 2816.20 2904.72 2995.84 3086.97 3180.70 3274.43 3370.76
 MaxDebt/Mth 519.94 536.14 552.92 570.28 588.21 606.73 625.82 645.49 665.74 685.99 706.82 727.65 749.06
 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
       270,000       81,000        189,000 0.00 393.75 450.00 910.98 963.90 1018.71 1075.41 1134.00 1194.48 1256.85 1321.11 1387.26 1453.41 1521.45 1589.49 1659.42
 PITI  30%Dwn 1754.73 1807.65 1862.46 1919.16 1977.75 2038.23 2100.60 2164.86 2231.01 2297.16 2365.20 2433.24 2503.17
 28%   6266.89 6455.89 6651.64 6854.14 7063.39 7279.39 7502.14 7731.64 7967.89 8204.14 8447.14 8690.14 8939.89
 YrIncome       75,203       77,471       79,820       82,250       84,761       87,353       90,026       92,780       95,615       98,450      101,366      104,282      107,279
 36% 2256.08 2324.12 2394.59 2467.49 2542.82 2620.58 2700.77 2783.39 2868.44 2953.49 3040.97 3128.45 3218.36
 MaxDebt/Mth 501.35 516.47 532.13 548.33 565.07 582.35 600.17 618.53 637.43 656.33 675.77 695.21 715.19
 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
       270,000       94,500        175,500 0.00 393.75 450.00 845.91 895.05 945.95 998.60 1053.00 1109.16 1167.08 1226.75 1288.17 1349.60 1412.78 1475.96 1540.89
 PITI  35%Dwn 1689.66 1738.80 1789.70 1842.35 1896.75 1952.91 2010.83 2070.50 2131.92 2193.35 2256.53 2319.71 2384.64
 28%   6034.50 6210.00 6391.77 6579.80 6774.11 6974.68 7181.52 7394.63 7614.00 7833.38 8059.02 8284.66 8516.57
 YrIncome       72,414       74,520       76,701       78,958       81,289       83,696       86,178       88,736       91,368       94,001       96,708       99,416      102,199
 36% 2172.42 2235.60 2301.04 2368.73 2438.68 2510.88 2585.35 2662.07 2741.04 2820.02 2901.25 2982.48 3065.97
 MaxDebt/Mth 482.76 496.80 511.34 526.38 541.93 557.97 574.52 591.57 609.12 626.67 644.72 662.77 681.33
 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
       270,000      108,000        162,000 0.00 393.75 450.00 780.84 826.20 873.18 921.78 972.00 1023.84 1077.30 1132.38 1189.08 1245.78 1304.10 1362.42 1422.36
 PITI  40%Dwn 1624.59 1669.95 1716.93 1765.53 1815.75 1867.59 1921.05 1976.13 2032.83 2089.53 2147.85 2206.17 2266.11
 28%   5802.11 5964.11 6131.89 6305.46 6484.82 6669.96 6860.89 7057.61 7260.11 7462.61 7670.89 7879.18 8093.25
 YrIncome       69,625       71,569       73,583       75,666       77,818       80,040       82,331       84,691       87,121       89,551       92,051       94,550       97,119
 36% 2088.76 2147.08 2207.48 2269.97 2334.54 2401.19 2469.92 2540.74 2613.64 2686.54 2761.52 2836.50 2913.57
 MaxDebt/Mth 464.17 477.13 490.55 504.44 518.79 533.60 548.87 564.61 580.81 597.01 613.67 630.33 647.46
 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
       270,000      121,500        148,500 0.00 393.75 450.00 715.77 757.35 800.42 844.97 891.00 938.52 987.53 1038.02 1089.99 1141.97 1195.43 1248.89 1303.83
 PITI  45%Dwn 1559.52 1601.10 1644.17 1688.72 1734.75 1782.27 1831.28 1881.77 1933.74 1985.72 2039.18 2092.64 2147.58
 28%   5569.71 5718.21 5872.02 6031.13 6195.54 6365.25 6540.27 6720.59 6906.21 7091.84 7282.77 7473.70 7669.93
 YrIncome       66,837       68,619       70,464       72,374       74,346       76,383       78,483       80,647       82,875       85,102       87,393       89,684       92,039
 36% 2005.10 2058.56 2113.93 2171.21 2230.39 2291.49 2354.50 2419.41 2486.24 2553.06 2621.80 2690.53 2761.17
 MaxDebt/Mth 445.58 457.46 469.76 482.49 495.64 509.22 523.22 537.65 552.50 567.35 582.62 597.90 613.59
 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
       270,000      135,000        135,000 0.00 393.75 450.00 650.70 688.50 727.65 768.15 810.00 853.20 897.75 943.65 990.90 1038.15 1086.75 1135.35 1185.30
 PITI  50%Dwn 1494.45 1532.25 1571.40 1611.90 1653.75 1696.95 1741.50 1787.40 1834.65 1881.90 1930.50 1979.10 2029.05
 28%   5337.32 5472.32 5612.14 5756.79 5906.25 6060.54 6219.64 6383.57 6552.32 6721.07 6894.64 7068.21 7246.61
 YrIncome       64,048       65,668       67,346       69,081       70,875       72,726       74,636       76,603       78,628       80,653       82,736       84,819       86,959
 36% 1921.44 1970.04 2020.37 2072.44 2126.25 2181.79 2239.07 2298.09 2358.84 2419.59 2482.07 2544.56 2608.78
 MaxDebt/Mth 426.99 437.79 448.97 460.54 472.50 484.84 497.57 510.69 524.19 537.69 551.57 565.46 579.73