Computations based on a sale price of				$400,000
						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
400,000	20,000	380,000	247.00	583.33	666.67	1831.60	1938.00	2048.20	2162.20	2280.00	2401.60	2527.00	2656.20	2789.20	2922.20	3059.00	3195.80	3336.40
PITI		5% Dwn				3328.60	3435.00	3545.20	3659.20	3777.00	3898.60	4024.00	4153.20	4286.20	4419.20	4556.00	4692.80	4833.40
28%						11887.86	12267.86	12661.43	13068.57	13489.29	13923.57	14371.43	14832.86	15307.86	15782.86	16271.43	16760.00	17262.14
YrIncome						142,654	147,214	151,937	156,823	161,871	167,083	172,457	177,994	183,694	189,394	195,257	201,120	207,146
36%						4279.63	4416.43	4558.11	4704.69	4856.14	5012.49	5173.71	5339.83	5510.83	5681.83	5857.71	6033.60	6214.37
MaxDebt/Mth						951.03	981.43	1012.91	1045.49	1079.14	1113.89	1149.71	1186.63	1224.63	1262.63	1301.71	1340.80	1380.97
	Remember	Est. Closing Costs>>>>		24,000
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
400,000	40,000	360,000	156.00	583.33	666.67	1735.20	1836.00	1940.40	2048.40	2160.00	2275.20	2394.00	2516.40	2642.40	2768.40	2898.00	3027.60	3160.80
PITI		10%Dwn				3141.20	3242.00	3346.40	3454.40	3566.00	3681.20	3800.00	3922.40	4048.40	4174.40	4304.00	4433.60	4566.80
28%						11218.57	11578.57	11951.43	12337.14	12735.71	13147.14	13571.43	14008.57	14458.57	14908.57	15371.43	15834.29	16310.00
YrIncome						134,623	138,943	143,417	148,046	152,829	157,766	162,857	168,103	173,503	178,903	184,457	190,011	195,720
36%						4038.69	4168.29	4302.51	4441.37	4584.86	4732.97	4885.71	5043.09	5205.09	5367.09	5533.71	5700.34	5871.60
MaxDebt/Mth						897.49	926.29	956.11	986.97	1018.86	1051.77	1085.71	1120.69	1156.69	1192.69	1229.71	1266.74	1304.80
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
400,000	60,000	340,000	90.67	583.33	666.67	1638.80	1734.00	1832.60	1934.60	2040.00	2148.80	2261.00	2376.60	2495.60	2614.60	2737.00	2859.40	2985.20
PITI		15%Dwn				2979.47	3074.67	3173.27	3275.27	3380.67	3489.47	3601.67	3717.27	3836.27	3955.27	4077.67	4200.07	4325.87
28%						10640.95	10980.95	11333.10	11697.38	12073.81	12462.38	12863.10	13275.95	13700.95	14125.95	14563.10	15000.24	15449.52
YrIncome						127,691	131,771	135,997	140,369	144,886	149,549	154,357	159,311	164,411	169,511	174,757	180,003	185,394
36%						3830.74	3953.14	4079.91	4211.06	4346.57	4486.46	4630.71	4779.34	4932.34	5085.34	5242.71	5400.09	5561.83
MaxDebt/Mth						851.28	878.48	906.65	935.79	965.90	996.99	1029.05	1062.08	1096.08	1130.08	1165.05	1200.02	1235.96
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
400,000	80,000	320,000	0.00	583.33	666.67	1542.40	1632.00	1724.80	1820.80	1920.00	2022.40	2128.00	2236.80	2348.80	2460.80	2576.00	2691.20	2809.60
PITI		20%Dwn				2792.40	2882.00	2974.80	3070.80	3170.00	3272.40	3378.00	3486.80	3598.80	3710.80	3826.00	3941.20	4059.60
28%						9972.86	10292.86	10624.29	10967.14	11321.43	11687.14	12064.29	12452.86	12852.86	13252.86	13664.29	14075.71	14498.57
YrIncome						119,674	123,514	127,491	131,606	135,857	140,246	144,771	149,434	154,234	159,034	163,971	168,909	173,983
36%						3590.23	3705.43	3824.74	3948.17	4075.71	4207.37	4343.14	4483.03	4627.03	4771.03	4919.14	5067.26	5219.49
MaxDebt/Mth						797.83	823.43	849.94	877.37	905.71	934.97	965.14	996.23	1028.23	1060.23	1093.14	1126.06	1159.89
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
400,000	100,000	300,000	0.00	583.33	666.67	1446.00	1530.00	1617.00	1707.00	1800.00	1896.00	1995.00	2097.00	2202.00	2307.00	2415.00	2523.00	2634.00
PITI		25%Dwn				2696.00	2780.00	2867.00	2957.00	3050.00	3146.00	3245.00	3347.00	3452.00	3557.00	3665.00	3773.00	3884.00
28%						9628.57	9928.57	10239.29	10560.71	10892.86	11235.71	11589.29	11953.57	12328.57	12703.57	13089.29	13475.00	13871.43
YrIncome						115,543	119,143	122,871	126,729	130,714	134,829	139,071	143,443	147,943	152,443	157,071	161,700	166,457
36%						3466.29	3574.29	3686.14	3801.86	3921.43	4044.86	4172.14	4303.29	4438.29	4573.29	4712.14	4851.00	4993.71
MaxDebt/Mth						770.29	794.29	819.14	844.86	871.43	898.86	927.14	956.29	986.29	1016.29	1047.14	1078.00	1109.71
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
400,000	120,000	280,000	0.00	583.33	666.67	1349.60	1428.00	1509.20	1593.20	1680.00	1769.60	1862.00	1957.20	2055.20	2153.20	2254.00	2354.80	2458.40
PITI		30%Dwn				2599.60	2678.00	2759.20	2843.20	2930.00	3019.60	3112.00	3207.20	3305.20	3403.20	3504.00	3604.80	3708.40
28%						9284.29	9564.29	9854.29	10154.29	10464.29	10784.29	11114.29	11454.29	11804.29	12154.29	12514.29	12874.29	13244.29
YrIncome						111,411	114,771	118,251	121,851	125,571	129,411	133,371	137,451	141,651	145,851	150,171	154,491	158,931
36%						3342.34	3443.14	3547.54	3655.54	3767.14	3882.34	4001.14	4123.54	4249.54	4375.54	4505.14	4634.74	4767.94
MaxDebt/Mth						742.74	765.14	788.34	812.34	837.14	862.74	889.14	916.34	944.34	972.34	1001.14	1029.94	1059.54
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
400,000	140,000	260,000	0.00	583.33	666.67	1253.20	1326.00	1401.40	1479.40	1560.00	1643.20	1729.00	1817.40	1908.40	1999.40	2093.00	2186.60	2282.80
PITI		35%Dwn				2503.20	2576.00	2651.40	2729.40	2810.00	2893.20	2979.00	3067.40	3158.40	3249.40	3343.00	3436.60	3532.80
28%						8940.00	9200.00	9469.29	9747.86	10035.71	10332.86	10639.29	10955.00	11280.00	11605.00	11939.29	12273.57	12617.14
YrIncome						107,280	110,400	113,631	116,974	120,429	123,994	127,671	131,460	135,360	139,260	143,271	147,283	151,406
36%						3218.40	3312.00	3408.94	3509.23	3612.86	3719.83	3830.14	3943.80	4060.80	4177.80	4298.14	4418.49	4542.17
MaxDebt/Mth						715.20	736.00	757.54	779.83	802.86	826.63	851.14	876.40	902.40	928.40	955.14	981.89	1009.37
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
400,000	160,000	240,000	0.00	583.33	666.67	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		40%Dwn				2406.80	2474.00	2543.60	2615.60	2690.00	2766.80	2846.00	2927.60	3011.60	3095.60	3182.00	3268.40	3357.20
28%						8595.71	8835.71	9084.29	9341.43	9607.14	9881.43	10164.29	10455.71	10755.71	11055.71	11364.29	11672.86	11990.00
YrIncome						103,149	106,029	109,011	112,097	115,286	118,577	121,971	125,469	129,069	132,669	136,371	140,074	143,880
36%						3094.46	3180.86	3270.34	3362.91	3458.57	3557.31	3659.14	3764.06	3872.06	3980.06	4091.14	4202.23	4316.40
MaxDebt/Mth						687.66	706.86	726.74	747.31	768.57	790.51	813.14	836.46	860.46	884.46	909.14	933.83	959.20
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
400,000	180,000	220,000	0.00	583.33	666.67	1060.40	1122.00	1185.80	1251.80	1320.00	1390.40	1463.00	1537.80	1614.80	1691.80	1771.00	1850.20	1931.60
PITI		45%Dwn				2310.40	2372.00	2435.80	2501.80	2570.00	2640.40	2713.00	2787.80	2864.80	2941.80	3021.00	3100.20	3181.60
28%						8251.43	8471.43	8699.29	8935.00	9178.57	9430.00	9689.29	9956.43	10231.43	10506.43	10789.29	11072.14	11362.86
YrIncome						99,017	101,657	104,391	107,220	110,143	113,160	116,271	119,477	122,777	126,077	129,471	132,866	136,354
36%						2970.51	3049.71	3131.74	3216.60	3304.29	3394.80	3488.14	3584.31	3683.31	3782.31	3884.14	3985.97	4090.63
MaxDebt/Mth						660.11	677.71	695.94	714.80	734.29	754.40	775.14	796.51	818.51	840.51	863.14	885.77	909.03
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
400,000	200,000	200,000	0.00	583.33	666.67	964.00	1020.00	1078.00	1138.00	1200.00	1264.00	1330.00	1398.00	1468.00	1538.00	1610.00	1682.00	1756.00
PITI		50%Dwn				2214.00	2270.00	2328.00	2388.00	2450.00	2514.00	2580.00	2648.00	2718.00	2788.00	2860.00	2932.00	3006.00
28%						7907.14	8107.14	8314.29	8528.57	8750.00	8978.57	9214.29	9457.14	9707.14	9957.14	10214.29	10471.43	10735.71
YrIncome						94,886	97,286	99,771	102,343	105,000	107,743	110,571	113,486	116,486	119,486	122,571	125,657	128,829
36%						2846.57	2918.57	2993.14	3070.29	3150.00	3232.29	3317.14	3404.57	3494.57	3584.57	3677.14	3769.71	3864.86
MaxDebt/Mth						632.57	648.57	665.14	682.29	700.00	718.29	737.14	756.57	776.57	796.57	817.14	837.71	858.86