Computations based on a sale price of				$320,000
						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
320,000	16,000	304,000	197.60	466.67	533.33	1465.28	1550.40	1638.56	1729.76	1824.00	1921.28	2021.60	2124.96	2231.36	2337.76	2447.20	2556.64	2669.12
PITI		5% Dwn				2662.88	2748.00	2836.16	2927.36	3021.60	3118.88	3219.20	3322.56	3428.96	3535.36	3644.80	3754.24	3866.72
28%						9510.29	9814.29	10129.14	10454.86	10791.43	11138.86	11497.14	11866.29	12246.29	12626.29	13017.14	13408.00	13809.71
YrIncome						114,123	117,771	121,550	125,458	129,497	133,666	137,966	142,395	146,955	151,515	156,206	160,896	165,717
36%						3423.70	3533.14	3646.49	3763.75	3884.91	4009.99	4138.97	4271.86	4408.66	4545.46	4686.17	4826.88	4971.50
MaxDebt/Mth						760.82	785.14	810.33	836.39	863.31	891.11	919.77	949.30	979.70	1010.10	1041.37	1072.64	1104.78
	Remember	Est. Closing Costs>>>>		19,200
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
320,000	32,000	288,000	124.80	466.67	533.33	1388.16	1468.80	1552.32	1638.72	1728.00	1820.16	1915.20	2013.12	2113.92	2214.72	2318.40	2422.08	2528.64
PITI		10%Dwn				2512.96	2593.60	2677.12	2763.52	2852.80	2944.96	3040.00	3137.92	3238.72	3339.52	3443.20	3546.88	3653.44
28%						8974.86	9262.86	9561.14	9869.71	10188.57	10517.71	10857.14	11206.86	11566.86	11926.86	12297.14	12667.43	13048.00
YrIncome						107,698	111,154	114,734	118,437	122,263	126,213	130,286	134,482	138,802	143,122	147,566	152,009	156,576
36%						3230.95	3334.63	3442.01	3553.10	3667.89	3786.38	3908.57	4034.47	4164.07	4293.67	4426.97	4560.27	4697.28
MaxDebt/Mth						717.99	741.03	764.89	789.58	815.09	841.42	868.57	896.55	925.35	954.15	983.77	1013.39	1043.84
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
320,000	48,000	272,000	72.53	466.67	533.33	1311.04	1387.20	1466.08	1547.68	1632.00	1719.04	1808.80	1901.28	1996.48	2091.68	2189.60	2287.52	2388.16
PITI		15%Dwn				2383.57	2459.73	2538.61	2620.21	2704.53	2791.57	2881.33	2973.81	3069.01	3164.21	3262.13	3360.05	3460.69
28%						8512.76	8784.76	9066.48	9357.90	9659.05	9969.90	10290.48	10620.76	10960.76	11300.76	11650.48	12000.19	12359.62
YrIncome						102,153	105,417	108,798	112,295	115,909	119,639	123,486	127,449	131,529	135,609	139,806	144,002	148,315
36%						3064.59	3162.51	3263.93	3368.85	3477.26	3589.17	3704.57	3823.47	3945.87	4068.27	4194.17	4320.07	4449.46
MaxDebt/Mth						681.02	702.78	725.32	748.63	772.72	797.59	823.24	849.66	876.86	904.06	932.04	960.02	988.77
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
320,000	64,000	256,000	0.00	466.67	533.33	1233.92	1305.60	1379.84	1456.64	1536.00	1617.92	1702.40	1789.44	1879.04	1968.64	2060.80	2152.96	2247.68
PITI		20%Dwn				2233.92	2305.60	2379.84	2456.64	2536.00	2617.92	2702.40	2789.44	2879.04	2968.64	3060.80	3152.96	3247.68
28%						7978.29	8234.29	8499.43	8773.71	9057.14	9349.71	9651.43	9962.29	10282.29	10602.29	10931.43	11260.57	11598.86
YrIncome						95,739	98,811	101,993	105,285	108,686	112,197	115,817	119,547	123,387	127,227	131,177	135,127	139,186
36%						2872.18	2964.34	3059.79	3158.54	3260.57	3365.90	3474.51	3586.42	3701.62	3816.82	3935.31	4053.81	4175.59
MaxDebt/Mth						638.26	658.74	679.95	701.90	724.57	747.98	772.11	796.98	822.58	848.18	874.51	900.85	927.91
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
320,000	80,000	240,000	0.00	466.67	533.33	1156.80	1224.00	1293.60	1365.60	1440.00	1516.80	1596.00	1677.60	1761.60	1845.60	1932.00	2018.40	2107.20
PITI		25%Dwn				2156.80	2224.00	2293.60	2365.60	2440.00	2516.80	2596.00	2677.60	2761.60	2845.60	2932.00	3018.40	3107.20
28%						7702.86	7942.86	8191.43	8448.57	8714.29	8988.57	9271.43	9562.86	9862.86	10162.86	10471.43	10780.00	11097.14
YrIncome						92,434	95,314	98,297	101,383	104,571	107,863	111,257	114,754	118,354	121,954	125,657	129,360	133,166
36%						2773.03	2859.43	2948.91	3041.49	3137.14	3235.89	3337.71	3442.63	3550.63	3658.63	3769.71	3880.80	3994.97
MaxDebt/Mth						616.23	635.43	655.31	675.89	697.14	719.09	741.71	765.03	789.03	813.03	837.71	862.40	887.77
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
320,000	96,000	224,000	0.00	466.67	533.33	1079.68	1142.40	1207.36	1274.56	1344.00	1415.68	1489.60	1565.76	1644.16	1722.56	1803.20	1883.84	1966.72
PITI		30%Dwn				2079.68	2142.40	2207.36	2274.56	2344.00	2415.68	2489.60	2565.76	2644.16	2722.56	2803.20	2883.84	2966.72
28%						7427.43	7651.43	7883.43	8123.43	8371.43	8627.43	8891.43	9163.43	9443.43	9723.43	10011.43	10299.43	10595.43
YrIncome						89,129	91,817	94,601	97,481	100,457	103,529	106,697	109,961	113,321	116,681	120,137	123,593	127,145
36%						2673.87	2754.51	2838.03	2924.43	3013.71	3105.87	3200.91	3298.83	3399.63	3500.43	3604.11	3707.79	3814.35
MaxDebt/Mth						594.19	612.11	630.67	649.87	669.71	690.19	711.31	733.07	755.47	777.87	800.91	823.95	847.63
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
320,000	112,000	208,000	0.00	466.67	533.33	1002.56	1060.80	1121.12	1183.52	1248.00	1314.56	1383.20	1453.92	1526.72	1599.52	1674.40	1749.28	1826.24
PITI		35%Dwn				2002.56	2060.80	2121.12	2183.52	2248.00	2314.56	2383.20	2453.92	2526.72	2599.52	2674.40	2749.28	2826.24
28%						7152.00	7360.00	7575.43	7798.29	8028.57	8266.29	8511.43	8764.00	9024.00	9284.00	9551.43	9818.86	10093.71
YrIncome						85,824	88,320	90,905	93,579	96,343	99,195	102,137	105,168	108,288	111,408	114,617	117,826	121,125
36%						2574.72	2649.60	2727.15	2807.38	2890.29	2975.86	3064.11	3155.04	3248.64	3342.24	3438.51	3534.79	3633.74
MaxDebt/Mth						572.16	588.80	606.03	623.86	642.29	661.30	680.91	701.12	721.92	742.72	764.11	785.51	807.50
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
320,000	128,000	192,000	0.00	466.67	533.33	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		40%Dwn				1925.44	1979.20	2034.88	2092.48	2152.00	2213.44	2276.80	2342.08	2409.28	2476.48	2545.60	2614.72	2685.76
28%						6876.57	7068.57	7267.43	7473.14	7685.71	7905.14	8131.43	8364.57	8604.57	8844.57	9091.43	9338.29	9592.00
YrIncome						82,519	84,823	87,209	89,678	92,229	94,862	97,577	100,375	103,255	106,135	109,097	112,059	115,104
36%						2475.57	2544.69	2616.27	2690.33	2766.86	2845.85	2927.31	3011.25	3097.65	3184.05	3272.91	3361.78	3453.12
MaxDebt/Mth						550.13	565.49	581.39	597.85	614.86	632.41	650.51	669.17	688.37	707.57	727.31	747.06	767.36
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
320,000	144,000	176,000	0.00	466.67	533.33	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		45%Dwn				1848.32	1897.60	1948.64	2001.44	2056.00	2112.32	2170.40	2230.24	2291.84	2353.44	2416.80	2480.16	2545.28
28%						6601.14	6777.14	6959.43	7148.00	7342.86	7544.00	7751.43	7965.14	8185.14	8405.14	8631.43	8857.71	9090.29
YrIncome						79,214	81,326	83,513	85,776	88,114	90,528	93,017	95,582	98,222	100,862	103,577	106,293	109,083
36%						2376.41	2439.77	2505.39	2573.28	2643.43	2715.84	2790.51	2867.45	2946.65	3025.85	3107.31	3188.78	3272.50
MaxDebt/Mth						528.09	542.17	556.75	571.84	587.43	603.52	620.11	637.21	654.81	672.41	690.51	708.62	727.22
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
320,000	160,000	160,000	0.00	466.67	533.33	771.20	816.00	862.40	910.40	960.00	1011.20	1064.00	1118.40	1174.40	1230.40	1288.00	1345.60	1404.80
PITI		50%Dwn				1771.20	1816.00	1862.40	1910.40	1960.00	2011.20	2064.00	2118.40	2174.40	2230.40	2288.00	2345.60	2404.80
28%						6325.71	6485.71	6651.43	6822.86	7000.00	7182.86	7371.43	7565.71	7765.71	7965.71	8171.43	8377.14	8588.57
YrIncome						75,909	77,829	79,817	81,874	84,000	86,194	88,457	90,789	93,189	95,589	98,057	100,526	103,063
36%