Computations based on a sale price of				$440,000
						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
440,000	22,000	418,000	271.70	641.67	733.33	2014.76	2131.80	2253.02	2378.42	2508.00	2641.76	2779.70	2921.82	3068.12	3214.42	3364.90	3515.38	3670.04
PITI		5% Dwn				3661.46	3778.50	3899.72	4025.12	4154.70	4288.46	4426.40	4568.52	4714.82	4861.12	5011.60	5162.08	5316.74
28%						13076.64	13494.64	13927.57	14375.43	14838.21	15315.93	15808.57	16316.14	16838.64	17361.14	17898.57	18436.00	18988.36
YrIncome						156,920	161,936	167,131	172,505	178,059	183,791	189,703	195,794	202,064	208,334	214,783	221,232	227,860
36%						4707.59	4858.07	5013.93	5175.15	5341.76	5513.73	5691.09	5873.81	6061.91	6250.01	6443.49	6636.96	6835.81
MaxDebt/Mth						1046.13	1079.57	1114.21	1150.03	1187.06	1225.27	1264.69	1305.29	1347.09	1388.89	1431.89	1474.88	1519.07
	Remember	Est. Closing Costs>>>>		26,400
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
440,000	44,000	396,000	171.60	641.67	733.33	1908.72	2019.60	2134.44	2253.24	2376.00	2502.72	2633.40	2768.04	2906.64	3045.24	3187.80	3330.36	3476.88
PITI		10%Dwn				3455.32	3566.20	3681.04	3799.84	3922.60	4049.32	4180.00	4314.64	4453.24	4591.84	4734.40	4876.96	5023.48
28%						12340.43	12736.43	13146.57	13570.86	14009.29	14461.86	14928.57	15409.43	15904.43	16399.43	16908.57	17417.71	17941.00
YrIncome						148,085	152,837	157,759	162,850	168,111	173,542	179,143	184,913	190,853	196,793	202,903	209,013	215,292
36%						4442.55	4585.11	4732.77	4885.51	5043.34	5206.27	5374.29	5547.39	5725.59	5903.79	6087.09	6270.38	6458.76
MaxDebt/Mth						987.23	1018.91	1051.73	1085.67	1120.74	1156.95	1194.29	1232.75	1272.35	1311.95	1352.69	1393.42	1435.28
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
440,000	66,000	374,000	99.73	641.67	733.33	1802.68	1907.40	2015.86	2128.06	2244.00	2363.68	2487.10	2614.26	2745.16	2876.06	3010.70	3145.34	3283.72
PITI		15%Dwn				3277.41	3382.13	3490.59	3602.79	3718.73	3838.41	3961.83	4088.99	4219.89	4350.79	4485.43	4620.07	4758.45
28%						11705.05	12079.05	12466.40	12867.12	13281.19	13708.62	14149.40	14603.55	15071.05	15538.55	16019.40	16500.26	16994.48
YrIncome						140,461	144,949	149,597	154,405	159,374	164,503	169,793	175,243	180,853	186,463	192,233	198,003	203,934
36%						4213.82	4348.46	4487.91	4632.16	4781.23	4935.10	5093.79	5257.28	5425.58	5593.88	5766.99	5940.09	6118.01
MaxDebt/Mth						936.40	966.32	997.31	1029.37	1062.50	1096.69	1131.95	1168.28	1205.68	1243.08	1281.55	1320.02	1359.56
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
440,000	88,000	352,000	0.00	641.67	733.33	1696.64	1795.20	1897.28	2002.88	2112.00	2224.64	2340.80	2460.48	2583.68	2706.88	2833.60	2960.32	3090.56
PITI		20%Dwn				3071.64	3170.20	3272.28	3377.88	3487.00	3599.64	3715.80	3835.48	3958.68	4081.88	4208.60	4335.32	4465.56
28%						10970.14	11322.14	11686.71	12063.86	12453.57	12855.86	13270.71	13698.14	14138.14	14578.14	15030.71	15483.29	15948.43
YrIncome						131,642	135,866	140,241	144,766	149,443	154,270	159,249	164,378	169,658	174,938	180,369	185,799	191,381
36%						3949.25	4075.97	4207.22	4342.99	4483.29	4628.11	4777.46	4931.33	5089.73	5248.13	5411.06	5573.98	5741.43
MaxDebt/Mth						877.61	905.77	934.94	965.11	996.29	1028.47	1061.66	1095.85	1131.05	1166.25	1202.46	1238.66	1275.87
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
440,000	110,000	330,000	0.00	641.67	733.33	1590.60	1683.00	1778.70	1877.70	1980.00	2085.60	2194.50	2306.70	2422.20	2537.70	2656.50	2775.30	2897.40
PITI		25%Dwn				2965.60	3058.00	3153.70	3252.70	3355.00	3460.60	3569.50	3681.70	3797.20	3912.70	4031.50	4150.30	4272.40
28%						10591.43	10921.43	11263.21	11616.79	11982.14	12359.29	12748.21	13148.93	13561.43	13973.93	14398.21	14822.50	15258.57
YrIncome						127,097	131,057	135,159	139,401	143,786	148,311	152,979	157,787	162,737	167,687	172,779	177,870	183,103
36%						3812.91	3931.71	4054.76	4182.04	4313.57	4449.34	4589.36	4733.61	4882.11	5030.61	5183.36	5336.10	5493.09
MaxDebt/Mth						847.31	873.71	901.06	929.34	958.57	988.74	1019.86	1051.91	1084.91	1117.91	1151.86	1185.80	1220.69
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
440,000	132,000	308,000	0.00	641.67	733.33	1484.56	1570.80	1660.12	1752.52	1848.00	1946.56	2048.20	2152.92	2260.72	2368.52	2479.40	2590.28	2704.24
PITI		30%Dwn				2859.56	2945.80	3035.12	3127.52	3223.00	3321.56	3423.20	3527.92	3635.72	3743.52	3854.40	3965.28	4079.24
28%						10212.71	10520.71	10839.71	11169.71	11510.71	11862.71	12225.71	12599.71	12984.71	13369.71	13765.71	14161.71	14568.71
YrIncome						122,553	126,249	130,077	134,037	138,129	142,353	146,709	151,197	155,817	160,437	165,189	169,941	174,825
36%						3676.58	3787.46	3902.30	4021.10	4143.86	4270.58	4401.26	4535.90	4674.50	4813.10	4955.66	5098.22	5244.74
MaxDebt/Mth						817.02	841.66	867.18	893.58	920.86	949.02	978.06	1007.98	1038.78	1069.58	1101.26	1132.94	1165.50
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
440,000	154,000	286,000	0.00	641.67	733.33	1378.52	1458.60	1541.54	1627.34	1716.00	1807.52	1901.90	1999.14	2099.24	2199.34	2302.30	2405.26	2511.08
PITI		35%Dwn				2753.52	2833.60	2916.54	3002.34	3091.00	3182.52	3276.90	3374.14	3474.24	3574.34	3677.30	3780.26	3886.08
28%						9834.00	10120.00	10416.21	10722.64	11039.29	11366.14	11703.21	12050.50	12408.00	12765.50	13133.21	13500.93	13878.86
YrIncome						118,008	121,440	124,995	128,672	132,471	136,394	140,439	144,606	148,896	153,186	157,599	162,011	166,546
36%						3540.24	3643.20	3749.84	3860.15	3974.14	4091.81	4213.16	4338.18	4466.88	4595.58	4727.96	4860.33	4996.39
MaxDebt/Mth						786.72	809.60	833.30	857.81	883.14	909.29	936.26	964.04	992.64	1021.24	1050.66	1080.07	1110.31
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
440,000	176,000	264,000	0.00	641.67	733.33	1272.48	1346.40	1422.96	1502.16	1584.00	1668.48	1755.60	1845.36	1937.76	2030.16	2125.20	2220.24	2317.92
PITI		40%Dwn				2647.48	2721.40	2797.96	2877.16	2959.00	3043.48	3130.60	3220.36	3312.76	3405.16	3500.20	3595.24	3692.92
28%						9455.29	9719.29	9992.71	10275.57	10567.86	10869.57	11180.71	11501.29	11831.29	12161.29	12500.71	12840.14	13189.00
YrIncome						113,463	116,631	119,913	123,307	126,814	130,435	134,169	138,015	141,975	145,935	150,009	154,082	158,268
36%						3403.90	3498.94	3597.38	3699.21	3804.43	3913.05	4025.06	4140.46	4259.26	4378.06	4500.26	4622.45	4748.04
MaxDebt/Mth						756.42	777.54	799.42	822.05	845.43	869.57	894.46	920.10	946.50	972.90	1000.06	1027.21	1055.12
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
440,000	198,000	242,000	0.00	641.67	733.33	1166.44	1234.20	1304.38	1376.98	1452.00	1529.44	1609.30	1691.58	1776.28	1860.98	1948.10	2035.22	2124.76
PITI		45%Dwn				2541.44	2609.20	2679.38	2751.98	2827.00	2904.44	2984.30	3066.58	3151.28	3235.98	3323.10	3410.22	3499.76
28%						9076.57	9318.57	9569.21	9828.50	10096.43	10373.00	10658.21	10952.07	11254.57	11557.07	11868.21	12179.36	12499.14
YrIncome						108,919	111,823	114,831	117,942	121,157	124,476	127,899	131,425	135,055	138,685	142,419	146,152	149,990
36%						3267.57	3354.69	3444.92	3538.26	3634.71	3734.28	3836.96	3942.75	4051.65	4160.55	4272.56	4384.57	4499.69
MaxDebt/Mth						726.13	745.49	765.54	786.28	807.71	829.84	852.66	876.17	900.37	924.57	949.46	974.35	999.93
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
440,000	220,000	220,000	0.00	641.67	733.33	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		50%Dwn				2435.40	2497.00	2560.80	2626.80	2695.00	2765.40	2838.00	2912.80	2989.80	3066.80	3146.00	3225.20	3306.60
28%						8697.86	8917.86	9145.71	9381.43	9625.00	9876.43	10135.71	10402.86	10677.86	10952.86	11235.71	11518.57	11809.29
YrIncome						104,374	107,014	109,749	112,577	115,500	118,517	121,629	124,834	128,134	131,434	134,829	138,223	141,711
36%