Computations based on a sale price of				$480,000
						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
480,000	24,000	456,000	296.40	700.00	800.00	2197.92	2325.60	2457.84	2594.64	2736.00	2881.92	3032.40	3187.44	3347.04	3506.64	3670.80	3834.96	4003.68
PITI		5% Dwn				3994.32	4122.00	4254.24	4391.04	4532.40	4678.32	4828.80	4983.84	5143.44	5303.04	5467.20	5631.36	5800.08
28%						14265.43	14721.43	15193.71	15682.29	16187.14	16708.29	17245.71	17799.43	18369.43	18939.43	19525.71	20112.00	20714.57
YrIncome						171,185	176,657	182,325	188,187	194,246	200,499	206,949	213,593	220,433	227,273	234,309	241,344	248,575
36%						5135.55	5299.71	5469.74	5645.62	5827.37	6014.98	6208.46	6407.79	6612.99	6818.19	7029.26	7240.32	7457.25
MaxDebt/Mth						1141.23	1177.71	1215.50	1254.58	1294.97	1336.66	1379.66	1423.95	1469.55	1515.15	1562.06	1608.96	1657.17
	Remember	Est. Closing Costs>>>>		28,800
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
480,000	48,000	432,000	187.20	700.00	800.00	2082.24	2203.20	2328.48	2458.08	2592.00	2730.24	2872.80	3019.68	3170.88	3322.08	3477.60	3633.12	3792.96
PITI		10%Dwn				3769.44	3890.40	4015.68	4145.28	4279.20	4417.44	4560.00	4706.88	4858.08	5009.28	5164.80	5320.32	5480.16
28%						13462.29	13894.29	14341.71	14804.57	15282.86	15776.57	16285.71	16810.29	17350.29	17890.29	18445.71	19001.14	19572.00
YrIncome						161,547	166,731	172,101	177,655	183,394	189,319	195,429	201,723	208,203	214,683	221,349	228,014	234,864
36%						4846.42	5001.94	5163.02	5329.65	5501.83	5679.57	5862.86	6051.70	6246.10	6440.50	6640.46	6840.41	7045.92
MaxDebt/Mth						1076.98	1111.54	1147.34	1184.37	1222.63	1262.13	1302.86	1344.82	1388.02	1431.22	1475.66	1520.09	1565.76
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
480,000	72,000	408,000	108.80	700.00	800.00	1966.56	2080.80	2199.12	2321.52	2448.00	2578.56	2713.20	2851.92	2994.72	3137.52	3284.40	3431.28	3582.24
PITI		15%Dwn				3575.36	3689.60	3807.92	3930.32	4056.80	4187.36	4322.00	4460.72	4603.52	4746.32	4893.20	5040.08	5191.04
28%						12769.14	13177.14	13599.71	14036.86	14488.57	14954.86	15435.71	15931.14	16441.14	16951.14	17475.71	18000.29	18539.43
YrIncome						153,230	158,126	163,197	168,442	173,863	179,458	185,229	191,174	197,294	203,414	209,709	216,003	222,473
36%						4596.89	4743.77	4895.90	5053.27	5215.89	5383.75	5556.86	5735.21	5918.81	6102.41	6291.26	6480.10	6674.19
MaxDebt/Mth						1021.53	1054.17	1087.98	1122.95	1159.09	1196.39	1234.86	1274.49	1315.29	1356.09	1398.06	1440.02	1483.15
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
480,000	96,000	384,000	0.00	700.00	800.00	1850.88	1958.40	2069.76	2184.96	2304.00	2426.88	2553.60	2684.16	2818.56	2952.96	3091.20	3229.44	3371.52
PITI		20%Dwn				3350.88	3458.40	3569.76	3684.96	3804.00	3926.88	4053.60	4184.16	4318.56	4452.96	4591.20	4729.44	4871.52
28%						11967.43	12351.43	12749.14	13160.57	13585.71	14024.57	14477.14	14943.43	15423.43	15903.43	16397.14	16890.86	17398.29
YrIncome						143,609	148,217	152,990	157,927	163,029	168,295	173,726	179,321	185,081	190,841	196,766	202,690	208,779
36%						4308.27	4446.51	4589.69	4737.81	4890.86	5048.85	5211.77	5379.63	5552.43	5725.23	5902.97	6080.71	6263.38
MaxDebt/Mth						957.39	988.11	1019.93	1052.85	1086.86	1121.97	1158.17	1195.47	1233.87	1272.27	1311.77	1351.27	1391.86
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
480,000	120,000	360,000	0.00	700.00	800.00	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		25%Dwn				3235.20	3336.00	3440.40	3548.40	3660.00	3775.20	3894.00	4016.40	4142.40	4268.40	4398.00	4527.60	4660.80
28%						11554.29	11914.29	12287.14	12672.86	13071.43	13482.86	13907.14	14344.29	14794.29	15244.29	15707.14	16170.00	16645.71
YrIncome						138,651	142,971	147,446	152,074	156,857	161,794	166,886	172,131	177,531	182,931	188,486	194,040	199,749
36%						4159.54	4289.14	4423.37	4562.23	4705.71	4853.83	5006.57	5163.94	5325.94	5487.94	5654.57	5821.20	5992.46
MaxDebt/Mth						924.34	953.14	982.97	1013.83	1045.71	1078.63	1112.57	1147.54	1183.54	1219.54	1256.57	1293.60	1331.66
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
480,000	144,000	336,000	0.00	700.00	800.00	1619.52	1713.60	1811.04	1911.84	2016.00	2123.52	2234.40	2348.64	2466.24	2583.84	2704.80	2825.76	2950.08
PITI		30%Dwn				3119.52	3213.60	3311.04	3411.84	3516.00	3623.52	3734.40	3848.64	3966.24	4083.84	4204.80	4325.76	4450.08
28%						11141.14	11477.14	11825.14	12185.14	12557.14	12941.14	13337.14	13745.14	14165.14	14585.14	15017.14	15449.14	15893.14
YrIncome						133,694	137,726	141,902	146,222	150,686	155,294	160,046	164,942	169,982	175,022	180,206	185,390	190,718
36%						4010.81	4131.77	4257.05	4386.65	4520.57	4658.81	4801.37	4948.25	5099.45	5250.65	5406.17	5561.69	5721.53
MaxDebt/Mth						891.29	918.17	946.01	974.81	1004.57	1035.29	1066.97	1099.61	1133.21	1166.81	1201.37	1235.93	1271.45
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
480,000	168,000	312,000	0.00	700.00	800.00	1503.84	1591.20	1681.68	1775.28	1872.00	1971.84	2074.80	2180.88	2290.08	2399.28	2511.60	2623.92	2739.36
PITI		35%Dwn				3003.84	3091.20	3181.68	3275.28	3372.00	3471.84	3574.80	3680.88	3790.08	3899.28	4011.60	4123.92	4239.36
28%						10728.00	11040.00	11363.14	11697.43	12042.86	12399.43	12767.14	13146.00	13536.00	13926.00	14327.14	14728.29	15140.57
YrIncome						128,736	132,480	136,358	140,369	144,514	148,793	153,206	157,752	162,432	167,112	171,926	176,739	181,687
36%						3862.08	3974.40	4090.73	4211.07	4335.43	4463.79	4596.17	4732.56	4872.96	5013.36	5157.77	5302.18	5450.61
MaxDebt/Mth						858.24	883.20	909.05	935.79	963.43	991.95	1021.37	1051.68	1082.88	1114.08	1146.17	1178.26	1211.25
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
480,000	192,000	288,000	0.00	700.00	800.00	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		40%Dwn				2888.16	2968.80	3052.32	3138.72	3228.00	3320.16	3415.20	3513.12	3613.92	3714.72	3818.40	3922.08	4028.64
28%						10314.86	10602.86	10901.14	11209.71	11528.57	11857.71	12197.14	12546.86	12906.86	13266.86	13637.14	14007.43	14388.00
YrIncome						123,778	127,234	130,814	134,517	138,343	142,293	146,366	150,562	154,882	159,202	163,646	168,089	172,656
36%						3713.35	3817.03	3924.41	4035.50	4150.29	4268.78	4390.97	4516.87	4646.47	4776.07	4909.37	5042.67	5179.68
MaxDebt/Mth						825.19	848.23	872.09	896.78	922.29	948.62	975.77	1003.75	1032.55	1061.35	1090.97	1120.59	1151.04
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
480,000	216,000	264,000	0.00	700.00	800.00	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		45%Dwn				2772.48	2846.40	2922.96	3002.16	3084.00	3168.48	3255.60	3345.36	3437.76	3530.16	3625.20	3720.24	3817.92
28%						9901.71	10165.71	10439.14	10722.00	11014.29	11316.00	11627.14	11947.71	12277.71	12607.71	12947.14	13286.57	13635.43
YrIncome						118,821	121,989	125,270	128,664	132,171	135,792	139,526	143,373	147,333	151,293	155,366	159,439	163,625
36%						3564.62	3659.66	3758.09	3859.92	3965.14	4073.76	4185.77	4301.18	4419.98	4538.78	4660.97	4783.17	4908.75
MaxDebt/Mth						792.14	813.26	835.13	857.76	881.14	905.28	930.17	955.82	982.22	1008.62	1035.77	1062.93	1090.83
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
480,000	240,000	240,000	0.00	700.00	800.00	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		50%Dwn				2656.80	2724.00	2793.60	2865.60	2940.00	3016.80	3096.00	3177.60	3261.60	3345.60	3432.00	3518.40	3607.20
28%						9488.57	9728.57	9977.14	10234.29	10500.00	10774.29	11057.14	11348.57	11648.57	11948.57	12257.14	12565.71	12882.86
YrIncome						113,863	116,743	119,726	122,811	126,000	129,291	132,686	136,183	139,783	143,383	147,086	150,789	154,594
36%						3415.89	3502.29	3591.77	3684.34	3780.00	3878.74	3980.57	4085.49	4193.49	4301.49	4412.57	4523.66	4637.83
MaxDebt/Mth						759.09	778.29	798.17	818.74	840.00	861.94	884.57	907.89	931.89	955.89	980.57	1005.26	1030.63