Computations based on a sale price of				$500,000
						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
500,000	25,000	475,000	308.75	729.17	833.33	2289.50	2422.50	2560.25	2702.75	2850.00	3002.00	3158.75	3320.25	3486.50	3652.75	3823.75	3994.75	4170.50
PITI		5% Dwn				4160.75	4293.75	4431.50	4574.00	4721.25	4873.25	5030.00	5191.50	5357.75	5524.00	5695.00	5866.00	6041.75
28%						14859.82	15334.82	15826.79	16335.71	16861.61	17404.46	17964.29	18541.07	19134.82	19728.57	20339.29	20950.00	21577.68
YrIncome						178,318	184,018	189,921	196,029	202,339	208,854	215,571	222,493	229,618	236,743	244,071	251,400	258,932
36%						5349.54	5520.54	5697.64	5880.86	6070.18	6265.61	6467.14	6674.79	6888.54	7102.29	7322.14	7542.00	7767.96
MaxDebt/Mth						1188.79	1226.79	1266.14	1306.86	1348.93	1392.36	1437.14	1483.29	1530.79	1578.29	1627.14	1676.00	1726.21
	Remember	Est. Closing Costs>>>>		30,000
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
500,000	50,000	450,000	195.00	729.17	833.33	2169.00	2295.00	2425.50	2560.50	2700.00	2844.00	2992.50	3145.50	3303.00	3460.50	3622.50	3784.50	3951.00
PITI		10%Dwn				3926.50	4052.50	4183.00	4318.00	4457.50	4601.50	4750.00	4903.00	5060.50	5218.00	5380.00	5542.00	5708.50
28%						14023.21	14473.21	14939.29	15421.43	15919.64	16433.93	16964.29	17510.71	18073.21	18635.71	19214.29	19792.86	20387.50
YrIncome						168,279	173,679	179,271	185,057	191,036	197,207	203,571	210,129	216,879	223,629	230,571	237,514	244,650
36%						5048.36	5210.36	5378.14	5551.71	5731.07	5916.21	6107.14	6303.86	6506.36	6708.86	6917.14	7125.43	7339.50
MaxDebt/Mth						1121.86	1157.86	1195.14	1233.71	1273.57	1314.71	1357.14	1400.86	1445.86	1490.86	1537.14	1583.43	1631.00
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
500,000	75,000	425,000	113.33	729.17	833.33	2048.50	2167.50	2290.75	2418.25	2550.00	2686.00	2826.25	2970.75	3119.50	3268.25	3421.25	3574.25	3731.50
PITI		15%Dwn				3724.33	3843.33	3966.58	4094.08	4225.83	4361.83	4502.08	4646.58	4795.33	4944.08	5097.08	5250.08	5407.33
28%						13301.19	13726.19	14166.37	14621.73	15092.26	15577.98	16078.87	16594.94	17126.19	17657.44	18203.87	18750.30	19311.90
YrIncome						159,614	164,714	169,996	175,461	181,107	186,936	192,946	199,139	205,514	211,889	218,446	225,004	231,743
36%						4788.43	4941.43	5099.89	5263.82	5433.21	5608.07	5788.39	5974.18	6165.43	6356.68	6553.39	6750.11	6952.29
MaxDebt/Mth						1064.10	1098.10	1133.31	1169.74	1207.38	1246.24	1286.31	1327.60	1370.10	1412.60	1456.31	1500.02	1544.95
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
500,000	100,000	400,000	0.00	729.17	833.33	1928.00	2040.00	2156.00	2276.00	2400.00	2528.00	2660.00	2796.00	2936.00	3076.00	3220.00	3364.00	3512.00
PITI		20%Dwn				3490.50	3602.50	3718.50	3838.50	3962.50	4090.50	4222.50	4358.50	4498.50	4638.50	4782.50	4926.50	5074.50
28%						12466.07	12866.07	13280.36	13708.93	14151.79	14608.93	15080.36	15566.07	16066.07	16566.07	17080.36	17594.64	18123.21
YrIncome						149,593	154,393	159,364	164,507	169,821	175,307	180,964	186,793	192,793	198,793	204,964	211,136	217,479
36%						4487.79	4631.79	4780.93	4935.21	5094.64	5259.21	5428.93	5603.79	5783.79	5963.79	6148.93	6334.07	6524.36
MaxDebt/Mth						997.29	1029.29	1062.43	1096.71	1132.14	1168.71	1206.43	1245.29	1285.29	1325.29	1366.43	1407.57	1449.86
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
500,000	125,000	375,000	0.00	729.17	833.33	1807.50	1912.50	2021.25	2133.75	2250.00	2370.00	2493.75	2621.25	2752.50	2883.75	3018.75	3153.75	3292.50
PITI		25%Dwn				3370.00	3475.00	3583.75	3696.25	3812.50	3932.50	4056.25	4183.75	4315.00	4446.25	4581.25	4716.25	4855.00
28%						12035.71	12410.71	12799.11	13200.89	13616.07	14044.64	14486.61	14941.96	15410.71	15879.46	16361.61	16843.75	17339.29
YrIncome						144,429	148,929	153,589	158,411	163,393	168,536	173,839	179,304	184,929	190,554	196,339	202,125	208,071
36%						4332.86	4467.86	4607.68	4752.32	4901.79	5056.07	5215.18	5379.11	5547.86	5716.61	5890.18	6063.75	6242.14
MaxDebt/Mth						962.86	992.86	1023.93	1056.07	1089.29	1123.57	1158.93	1195.36	1232.86	1270.36	1308.93	1347.50	1387.14
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
500,000	150,000	350,000	0.00	729.17	833.33	1687.00	1785.00	1886.50	1991.50	2100.00	2212.00	2327.50	2446.50	2569.00	2691.50	2817.50	2943.50	3073.00
PITI		30%Dwn				3249.50	3347.50	3449.00	3554.00	3662.50	3774.50	3890.00	4009.00	4131.50	4254.00	4380.00	4506.00	4635.50
28%						11605.36	11955.36	12317.86	12692.86	13080.36	13480.36	13892.86	14317.86	14755.36	15192.86	15642.86	16092.86	16555.36
YrIncome						139,264	143,464	147,814	152,314	156,964	161,764	166,714	171,814	177,064	182,314	187,714	193,114	198,664
36%						4177.93	4303.93	4434.43	4569.43	4708.93	4852.93	5001.43	5154.43	5311.93	5469.43	5631.43	5793.43	5959.93
MaxDebt/Mth						928.43	956.43	985.43	1015.43	1046.43	1078.43	1111.43	1145.43	1180.43	1215.43	1251.43	1287.43	1324.43
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
500,000	175,000	325,000	0.00	729.17	833.33	1566.50	1657.50	1751.75	1849.25	1950.00	2054.00	2161.25	2271.75	2385.50	2499.25	2616.25	2733.25	2853.50
PITI		35%Dwn				3129.00	3220.00	3314.25	3411.75	3512.50	3616.50	3723.75	3834.25	3948.00	4061.75	4178.75	4295.75	4416.00
28%						11175.00	11500.00	11836.61	12184.82	12544.64	12916.07	13299.11	13693.75	14100.00	14506.25	14924.11	15341.96	15771.43
YrIncome						134,100	138,000	142,039	146,218	150,536	154,993	159,589	164,325	169,200	174,075	179,089	184,104	189,257
36%						4023.00	4140.00	4261.18	4386.54	4516.07	4649.79	4787.68	4929.75	5076.00	5222.25	5372.68	5523.11	5677.71
MaxDebt/Mth						894.00	920.00	946.93	974.79	1003.57	1033.29	1063.93	1095.50	1128.00	1160.50	1193.93	1227.36	1261.71
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
500,000	200,000	300,000	0.00	729.17	833.33	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		40%Dwn				3008.50	3092.50	3179.50	3269.50	3362.50	3458.50	3557.50	3659.50	3764.50	3869.50	3977.50	4085.50	4196.50
28%						10744.64	11044.64	11355.36	11676.79	12008.93	12351.79	12705.36	13069.64	13444.64	13819.64	14205.36	14591.07	14987.50
YrIncome						128,936	132,536	136,264	140,121	144,107	148,221	152,464	156,836	161,336	165,836	170,464	175,093	179,850
36%						3868.07	3976.07	4087.93	4203.64	4323.21	4446.64	4573.93	4705.07	4840.07	4975.07	5113.93	5252.79	5395.50
MaxDebt/Mth						859.57	883.57	908.43	934.14	960.71	988.14	1016.43	1045.57	1075.57	1105.57	1136.43	1167.29	1199.00
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
500,000	225,000	275,000	0.00	729.17	833.33	1325.50	1402.50	1482.25	1564.75	1650.00	1738.00	1828.75	1922.25	2018.50	2114.75	2213.75	2312.75	2414.50
PITI		45%Dwn				2888.00	2965.00	3044.75	3127.25	3212.50	3300.50	3391.25	3484.75	3581.00	3677.25	3776.25	3875.25	3977.00
28%						10314.29	10589.29	10874.11	11168.75	11473.21	11787.50	12111.61	12445.54	12789.29	13133.04	13486.61	13840.18	14203.57
YrIncome						123,771	127,071	130,489	134,025	137,679	141,450	145,339	149,346	153,471	157,596	161,839	166,082	170,443
36%						3713.14	3812.14	3914.68	4020.75	4130.36	4243.50	4360.18	4480.39	4604.14	4727.89	4855.18	4982.46	5113.29
MaxDebt/Mth						825.14	847.14	869.93	893.50	917.86	943.00	968.93	995.64	1023.14	1050.64	1078.93	1107.21	1136.29
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
500,000	250,000	250,000	0.00	729.17	833.33	1205.00	1275.00	1347.50	1422.50	1500.00	1580.00	1662.50	1747.50	1835.00	1922.50	2012.50	2102.50	2195.00
PITI		50%Dwn				2767.50	2837.50	2910.00	2985.00	3062.50	3142.50	3225.00	3310.00	3397.50	3485.00	3575.00	3665.00	3757.50
28%						9883.93	10133.93	10392.86	10660.71	10937.50	11223.21	11517.86	11821.43	12133.93	12446.43	12767.86	13089.29	13419.64
YrIncome						118,607	121,607	124,714	127,929	131,250	134,679	138,214	141,857	145,607	149,357	153,214	157,071	161,036
36%						3558.21	3648.21	3741.43	3837.86	3937.50	4040.36	4146.43	4255.71	4368.21	4480.71	4596.43	4712.14	4831.07
MaxDebt/Mth						790.71	810.71	831.43	852.86	875.00	897.86	921.43	945.71	970.71	995.71	1021.43	1047.14	1073.57