LARRY MATTHEWS REAL ESTATE BUSINESS EXPERT
|
|
Real Estate Listing Selling Financing or Appraising Call Me First !!! I Offer Over 35 Years of Experience and Expertise In The Area |
|
|
|
Calculators
|
|
|
 Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.
|
|
|
Results
|
Receive this Detailed Analysis
|
|
|
Your Monthly Payments
|
| |
| Loan Amount: |
|
| Loan Insurance (%): |
|
| Total Loan (Mortgage) Amount: |
|
| |
|
| Principal & Interest: |
|
| Homeowners Insurance: |
|
| Property Taxes: |
|
| Condo Fees: |
|
| Monthly Loan Insurance (%): |
|
| Total Monthly Payment: |
|
| Income Needed to Qualify for the Mortgage |
| |
| Total Monthly Loan Payment: |
|
| Total Monthly Debt Payment: |
|
| Monthly Loan Insurance (%): |
|
| Qualifying Income of % GDS Ratio: |
|
| Qualifying Income of % TDS Ratio: |
|
| What You Can Afford |
| We are using the % ratio. |
| Cost of House: |
|
| Down Payment: |
|
| Loan Value: |
|
| Monthly Principal & Interest: |
|
| Monthly Insurance: |
|
| Monthly Property Tax: |
|
| Monthly Condo Fees: |
|
| |
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate) |
|
|
|
Larry's Home Credit Web Page
|
|
|
|
Your Complete Real Estate Professional
|
|
Licensed Mortgage Broker AMP,Licensed Real Estate Appraiser DAC Licensed Real Estate Broker , 35 Years as a Business Broker The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license |
|