Computations based on a sale price of  $340,000
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
       340,000       17,000        323,000 209.95 495.83 566.67 1556.86 1647.30 1740.97 1837.87 1938.00 2041.36 2147.95 2257.77 2370.82 2483.87 2600.15 2716.43 2835.94
 PITI  5% Dwn 2829.31 2919.75 3013.42 3110.32 3210.45 3313.81 3420.40 3530.22 3643.27 3756.32 3872.60 3988.88 4108.39
 28%      10104.68 10427.68 10762.21 11108.29 11465.89 11835.04 12215.71 12607.93 13011.68 13415.43 13830.71 14246.00 14672.82
 YrIncome           121,256      125,132      129,147      133,299      137,591      142,020      146,589      151,295      156,140      160,985      165,969      170,952      176,074
 36% 3637.68 3753.96 3874.40 3998.98 4127.72 4260.61 4397.66 4538.85 4684.20 4829.55 4979.06 5128.56 5282.22
 MaxDebt/Mth   808.37 834.21 860.98 888.66 917.27 946.80 977.26 1008.63 1040.93 1073.23 1106.46 1139.68 1173.83
 Remember  Est. Closing Costs>>>>  20,400
 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
       340,000       34,000        306,000 132.60 495.83 566.67 1474.92 1560.60 1649.34 1741.14 1836.00 1933.92 2034.90 2138.94 2246.04 2353.14 2463.30 2573.46 2686.68
 PITI  10%Dwn 2670.02 2755.70 2844.44 2936.24 3031.10 3129.02 3230.00 3334.04 3441.14 3548.24 3658.40 3768.56 3881.78
 28%   9535.79 9841.79 10158.71 10486.57 10825.36 11175.07 11535.71 11907.29 12289.79 12672.29 13065.71 13459.14 13863.50
 YrIncome        114,429      118,101      121,905      125,839      129,904      134,101      138,429      142,887      147,477      152,067      156,789      161,510      166,362
 36%   3432.88 3543.04 3657.14 3775.17 3897.13 4023.03 4152.86 4286.62 4424.32 4562.02 4703.66 4845.29 4990.86
 MaxDebt/Mth   762.86 787.34 812.70 838.93 866.03 894.01 922.86 952.58 983.18 1013.78 1045.26 1076.73 1109.08
 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
       340,000       51,000        289,000 77.07 495.83 566.67 1392.98 1473.90 1557.71 1644.41 1734.00 1826.48 1921.85 2020.11 2121.26 2222.41 2326.45 2430.49 2537.42
 PITI  15%Dwn 2532.55 2613.47 2697.28 2783.98 2873.57 2966.05 3061.42 3159.68 3260.83 3361.98 3466.02 3570.06 3676.99
 28%   9044.81 9333.81 9633.13 9942.77 10262.74 10593.02 10933.63 11284.56 11645.81 12007.06 12378.63 12750.20 13132.10
 YrIncome        108,538      112,006      115,598      119,313      123,153      127,116      131,204      135,415      139,750      144,085      148,544      153,002      157,585
 36% 3256.13 3360.17 3467.93 3579.40 3694.59 3813.49 3936.11 4062.44 4192.49 4322.54 4456.31 4590.07 4727.55
 MaxDebt/Mth 723.58 746.70 770.65 795.42 821.02 847.44 874.69 902.76 931.66 960.56 990.29 1020.02 1050.57
 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
       340,000       68,000        272,000 0.00 495.83 566.67 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  20%Dwn 2373.54 2449.70 2528.58 2610.18 2694.50 2781.54 2871.30 2963.78 3058.98 3154.18 3252.10 3350.02 3450.66
 28%   8476.93 8748.93 9030.64 9322.07 9623.21 9934.07 10254.64 10584.93 10924.93 11264.93 11614.64 11964.36 12323.79
 YrIncome      101,723      104,987      108,368      111,865      115,479      119,209      123,056      127,019      131,099      135,179      139,376      143,572      147,885
 36% 3051.69 3149.61 3251.03 3355.95 3464.36 3576.27 3691.67 3810.57 3932.97 4055.37 4181.27 4307.17 4436.56
 MaxDebt/Mth 678.15 699.91 722.45 745.77 769.86 794.73 820.37 846.79 873.99 901.19 929.17 957.15 985.90
 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
       340,000       85,000        255,000 0.00 495.83 566.67 1229.10 1300.50 1374.45 1450.95 1530.00 1611.60 1695.75 1782.45 1871.70 1960.95 2052.75 2144.55 2238.90
 PITI  25%Dwn 2291.60 2363.00 2436.95 2513.45 2592.50 2674.10 2758.25 2844.95 2934.20 3023.45 3115.25 3207.05 3301.40
 28%   8184.29 8439.29 8703.39 8976.61 9258.93 9550.36 9850.89 10160.54 10479.29 10798.04 11125.89 11453.75 11790.71
 YrIncome       98,211      101,271      104,441      107,719      111,107      114,604      118,211      121,926      125,751      129,576      133,511      137,445      141,489
 36% 2946.34 3038.14 3133.22 3231.58 3333.21 3438.13 3546.32 3657.79 3772.54 3887.29 4005.32 4123.35 4244.66
 MaxDebt/Mth 654.74 675.14 696.27 718.13 740.71 764.03 788.07 812.84 838.34 863.84 890.07 916.30 943.26
 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
       340,000      102,000        238,000 0.00 495.83 566.67 1147.16 1213.80 1282.82 1354.22 1428.00 1504.16 1582.70 1663.62 1746.92 1830.22 1915.90 2001.58 2089.64
 PITI  30%Dwn 2209.66 2276.30 2345.32 2416.72 2490.50 2566.66 2645.20 2726.12 2809.42 2892.72 2978.40 3064.08 3152.14
 28%   7891.64 8129.64 8376.14 8631.14 8894.64 9166.64 9447.14 9736.14 10033.64 10331.14 10637.14 10943.14 11257.64
 YrIncome       94,700       97,556      100,514      103,574      106,736      110,000      113,366      116,834      120,404      123,974      127,646      131,318      135,092
 36% 2840.99 2926.67 3015.41 3107.21 3202.07 3299.99 3400.97 3505.01 3612.11 3719.21 3829.37 3939.53 4052.75
 MaxDebt/Mth 631.33 650.37 670.09 690.49 711.57 733.33 755.77 778.89 802.69 826.49 850.97 875.45 900.61
 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
       340,000      119,000        221,000 0.00 495.83 566.67 1065.22 1127.10 1191.19 1257.49 1326.00 1396.72 1469.65 1544.79 1622.14 1699.49 1779.05 1858.61 1940.38
 PITI  35%Dwn 2127.72 2189.60 2253.69 2319.99 2388.50 2459.22 2532.15 2607.29 2684.64 2761.99 2841.55 2921.11 3002.88
 28%   7599.00 7820.00 8048.89 8285.68 8530.36 8782.93 9043.39 9311.75 9588.00 9864.25 10148.39 10432.54 10724.57
 YrIncome       91,188       93,840       96,587       99,428      102,364      105,395      108,521      111,741      115,056      118,371      121,781      125,190      128,695
 36% 2735.64 2815.20 2897.60 2982.84 3070.93 3161.85 3255.62 3352.23 3451.68 3551.13 3653.42 3755.71 3860.85
 MaxDebt/Mth 607.92 625.60 643.91 662.85 682.43 702.63 723.47 744.94 767.04 789.14 811.87 834.60 857.97
 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
       340,000      136,000        204,000 0.00 495.83 566.67 983.28 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  40%Dwn 2045.78 2102.90 2162.06 2223.26 2286.50 2351.78 2419.10 2488.46 2559.86 2631.26 2704.70 2778.14 2853.62
 28%   7306.36 7510.36 7721.64 7940.21 8166.07 8399.21 8639.64 8887.36 9142.36 9397.36 9659.64 9921.93 10191.50
 YrIncome       87,676       90,124       92,660       95,283       97,993      100,791      103,676      106,648      109,708      112,768      115,916      119,063      122,298
 36% 2630.29 2703.73 2779.79 2858.48 2939.79 3023.72 3110.27 3199.45 3291.25 3383.05 3477.47 3571.89 3668.94
 MaxDebt/Mth 584.51 600.83 617.73 635.22 653.29 671.94 691.17 710.99 731.39 751.79 772.77 793.75 815.32
 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
       340,000      153,000        187,000 0.00 495.83 566.67 901.34 953.70 1007.93 1064.03 1122.00 1181.84 1243.55 1307.13 1372.58 1438.03 1505.35 1572.67 1641.86
 PITI  45%Dwn 1963.84 2016.20 2070.43 2126.53 2184.50 2244.34 2306.05 2369.63 2435.08 2500.53 2567.85 2635.17 2704.36
 28%   7013.71 7200.71 7394.39 7594.75 7801.79 8015.50 8235.89 8462.96 8696.71 8930.46 9170.89 9411.32 9658.43
 YrIncome       84,165       86,409       88,733       91,137       93,621       96,186       98,831      101,556      104,361      107,166      110,051      112,936      115,901
 36% 2524.94 2592.26 2661.98 2734.11 2808.64 2885.58 2964.92 3046.67 3130.82 3214.97 3301.52 3388.08 3477.03
 MaxDebt/Mth 561.10 576.06 591.55 607.58 624.14 641.24 658.87 677.04 695.74 714.44 733.67 752.91 772.67
 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
       340,000      170,000        170,000 0.00 495.83 566.67 819.40 867.00 916.30 967.30 1020.00 1074.40 1130.50 1188.30 1247.80 1307.30 1368.50 1429.70 1492.60
 PITI  50%Dwn 1881.90 1929.50 1978.80 2029.80 2082.50 2136.90 2193.00 2250.80 2310.30 2369.80 2431.00 2492.20 2555.10
 28%   6721.07 6891.07 7067.14 7249.29 7437.50 7631.79 7832.14 8038.57 8251.07 8463.57 8682.14 8900.71 9125.36
 YrIncome       80,653       82,693       84,806       86,991       89,250       91,581       93,986       96,463       99,013      101,563      104,186      106,809      109,504
 36% 2419.59 2480.79 2544.17 2609.74 2677.50 2747.44 2819.57 2893.89 2970.39 3046.89 3125.57 3204.26 3285.13
 MaxDebt/Mth 537.69 551.29 565.37 579.94 595.00 610.54 626.57 643.09 660.09 677.09 694.57 712.06 730.03