Computations based on a sale price of				$450,000
						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
450,000	22,500	427,500	277.88	656.25	750.00	2060.55	2180.25	2304.23	2432.48	2565.00	2701.80	2842.88	2988.23	3137.85	3287.48	3441.38	3595.28	3753.45
PITI		5% Dwn				3744.68	3864.38	3988.35	4116.60	4249.13	4385.93	4527.00	4672.35	4821.98	4971.60	5125.50	5279.40	5437.58
28%						13373.84	13801.34	14244.11	14702.14	15175.45	15664.02	16167.86	16686.96	17221.34	17755.71	18305.36	18855.00	19419.91
YrIncome						160,486	165,616	170,929	176,426	182,105	187,968	194,014	200,244	206,656	213,069	219,664	226,260	233,039
36%						4814.58	4968.48	5127.88	5292.77	5463.16	5639.05	5820.43	6007.31	6199.68	6392.06	6589.93	6787.80	6991.17
MaxDebt/Mth						1069.91	1104.11	1139.53	1176.17	1214.04	1253.12	1293.43	1334.96	1377.71	1420.46	1464.43	1508.40	1553.59
	Remember	Est. Closing Costs>>>>		27,000
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
450,000	45,000	405,000	175.50	656.25	750.00	1952.10	2065.50	2182.95	2304.45	2430.00	2559.60	2693.25	2830.95	2972.70	3114.45	3260.25	3406.05	3555.90
PITI		10%Dwn				3533.85	3647.25	3764.70	3886.20	4011.75	4141.35	4275.00	4412.70	4554.45	4696.20	4842.00	4987.80	5137.65
28%						12620.89	13025.89	13445.36	13879.29	14327.68	14790.54	15267.86	15759.64	16265.89	16772.14	17292.86	17813.57	18348.75
YrIncome						151,451	156,311	161,344	166,551	171,932	177,486	183,214	189,116	195,191	201,266	207,514	213,763	220,185
36%						4543.52	4689.32	4840.33	4996.54	5157.96	5324.59	5496.43	5673.47	5855.72	6037.97	6225.43	6412.89	6605.55
MaxDebt/Mth						1009.67	1042.07	1075.63	1110.34	1146.21	1183.24	1221.43	1260.77	1301.27	1341.77	1383.43	1425.09	1467.90
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
450,000	67,500	382,500	102.00	656.25	750.00	1843.65	1950.75	2061.68	2176.43	2295.00	2417.40	2543.63	2673.68	2807.55	2941.43	3079.13	3216.83	3358.35
PITI		15%Dwn				3351.90	3459.00	3569.93	3684.68	3803.25	3925.65	4051.88	4181.93	4315.80	4449.68	4587.38	4725.08	4866.60
28%						11971.07	12353.57	12749.73	13159.55	13583.04	14020.18	14470.98	14935.45	15413.57	15891.70	16383.48	16875.27	17380.71
YrIncome						143,653	148,243	152,997	157,915	162,996	168,242	173,652	179,225	184,963	190,700	196,602	202,503	208,569
36%						4309.59	4447.29	4589.90	4737.44	4889.89	5047.26	5209.55	5376.76	5548.89	5721.01	5898.05	6075.10	6257.06
MaxDebt/Mth						957.69	988.29	1019.98	1052.76	1086.64	1121.61	1157.68	1194.84	1233.09	1271.34	1310.68	1350.02	1390.46
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
450,000	90,000	360,000	0.00	656.25	750.00	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		20%Dwn				3141.45	3242.25	3346.65	3454.65	3566.25	3681.45	3800.25	3922.65	4048.65	4174.65	4304.25	4433.85	4567.05
28%						11219.46	11579.46	11952.32	12338.04	12736.61	13148.04	13572.32	14009.46	14459.46	14909.46	15372.32	15835.18	16310.89
YrIncome						134,634	138,954	143,428	148,056	152,839	157,776	162,868	168,114	173,514	178,914	184,468	190,022	195,731
36%						4039.01	4168.61	4302.84	4441.69	4585.18	4733.29	4886.04	5043.41	5205.41	5367.41	5534.04	5700.66	5871.92
MaxDebt/Mth						897.56	926.36	956.19	987.04	1018.93	1051.84	1085.79	1120.76	1156.76	1192.76	1229.79	1266.81	1304.87
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
450,000	112,500	337,500	0.00	656.25	750.00	1626.75	1721.25	1819.13	1920.38	2025.00	2133.00	2244.38	2359.13	2477.25	2595.38	2716.88	2838.38	2963.25
PITI		25%Dwn				3033.00	3127.50	3225.38	3326.63	3431.25	3539.25	3650.63	3765.38	3883.50	4001.63	4123.13	4244.63	4369.50
28%						10832.14	11169.64	11519.20	11880.80	12254.46	12640.18	13037.95	13447.77	13869.64	14291.52	14725.45	15159.38	15605.36
YrIncome						129,986	134,036	138,230	142,570	147,054	151,682	156,455	161,373	166,436	171,498	176,705	181,913	187,264
36%						3899.57	4021.07	4146.91	4277.09	4411.61	4550.46	4693.66	4841.20	4993.07	5144.95	5301.16	5457.38	5617.93
MaxDebt/Mth						866.57	893.57	921.54	950.46	980.36	1011.21	1043.04	1075.82	1109.57	1143.32	1178.04	1212.75	1248.43
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
450,000	135,000	315,000	0.00	656.25	750.00	1518.30	1606.50	1697.85	1792.35	1890.00	1990.80	2094.75	2201.85	2312.10	2422.35	2535.75	2649.15	2765.70
PITI		30%Dwn				2924.55	3012.75	3104.10	3198.60	3296.25	3397.05	3501.00	3608.10	3718.35	3828.60	3942.00	4055.40	4171.95
28%						10444.82	10759.82	11086.07	11423.57	11772.32	12132.32	12503.57	12886.07	13279.82	13673.57	14078.57	14483.57	14899.82
YrIncome						125,338	129,118	133,033	137,083	141,268	145,588	150,043	154,633	159,358	164,083	168,943	173,803	178,798
36%						3760.14	3873.54	3990.99	4112.49	4238.04	4367.64	4501.29	4638.99	4780.74	4922.49	5068.29	5214.09	5363.94
MaxDebt/Mth						835.59	860.79	886.89	913.89	941.79	970.59	1000.29	1030.89	1062.39	1093.89	1126.29	1158.69	1191.99
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
450,000	157,500	292,500	0.00	656.25	750.00	1409.85	1491.75	1576.58	1664.33	1755.00	1848.60	1945.13	2044.58	2146.95	2249.33	2354.63	2459.93	2568.15
PITI		35%Dwn				2816.10	2898.00	2982.83	3070.58	3161.25	3254.85	3351.38	3450.83	3553.20	3655.58	3760.88	3866.18	3974.40
28%						10057.50	10350.00	10652.95	10966.34	11290.18	11624.46	11969.20	12324.38	12690.00	13055.63	13431.70	13807.77	14194.29
YrIncome						120,690	124,200	127,835	131,596	135,482	139,494	143,630	147,893	152,280	156,668	161,180	165,693	170,331
36%						3620.70	3726.00	3835.06	3947.88	4064.46	4184.81	4308.91	4436.78	4568.40	4700.03	4835.41	4970.80	5109.94
MaxDebt/Mth						804.60	828.00	852.24	877.31	903.21	929.96	957.54	985.95	1015.20	1044.45	1074.54	1104.62	1135.54
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
450,000	180,000	270,000	0.00	656.25	750.00	1301.40	1377.00	1455.30	1536.30	1620.00	1706.40	1795.50	1887.30	1981.80	2076.30	2173.50	2270.70	2370.60
PITI		40%Dwn				2707.65	2783.25	2861.55	2942.55	3026.25	3112.65	3201.75	3293.55	3388.05	3482.55	3579.75	3676.95	3776.85
28%						9670.18	9940.18	10219.82	10509.11	10808.04	11116.61	11434.82	11762.68	12100.18	12437.68	12784.82	13131.96	13488.75
YrIncome						116,042	119,282	122,638	126,109	129,696	133,399	137,218	141,152	145,202	149,252	153,418	157,584	161,865
36%						3481.26	3578.46	3679.14	3783.28	3890.89	4001.98	4116.54	4234.56	4356.06	4477.56	4602.54	4727.51	4855.95
MaxDebt/Mth						773.61	795.21	817.59	840.73	864.64	889.33	914.79	941.01	968.01	995.01	1022.79	1050.56	1079.10
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
450,000	202,500	247,500	0.00	656.25	750.00	1192.95	1262.25	1334.03	1408.28	1485.00	1564.20	1645.88	1730.03	1816.65	1903.28	1992.38	2081.48	2173.05
PITI		45%Dwn				2599.20	2668.50	2740.28	2814.53	2891.25	2970.45	3052.13	3136.28	3222.90	3309.53	3398.63	3487.73	3579.30
28%						9282.86	9530.36	9786.70	10051.88	10325.89	10608.75	10900.45	11200.98	11510.36	11819.73	12137.95	12456.16	12783.21
YrIncome						111,394	114,364	117,440	120,623	123,911	127,305	130,805	134,412	138,124	141,837	145,655	149,474	153,399
36%						3341.83	3430.93	3523.21	3618.68	3717.32	3819.15	3924.16	4032.35	4143.73	4255.10	4369.66	4484.22	4601.96
MaxDebt/Mth						742.63	762.43	782.94	804.15	826.07	848.70	872.04	896.08	920.83	945.58	971.04	996.49	1022.66
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
450,000	225,000	225,000	0.00	656.25	750.00	1084.50	1147.50	1212.75	1280.25	1350.00	1422.00	1496.25	1572.75	1651.50	1730.25	1811.25	1892.25	1975.50
PITI		50%Dwn				2490.75	2553.75	2619.00	2686.50	2756.25	2828.25	2902.50	2979.00	3057.75	3136.50	3217.50	3298.50	3381.75
28%						8895.54	9120.54	9353.57	9594.64	9843.75	10100.89	10366.07	10639.29	10920.54	11201.79	11491.07	11780.36	12077.68
YrIncome						106,746	109,446	112,243	115,136	118,125	121,211	124,393	127,671