The Best Mortgage Calculators On the Web! Please try my Java loan and mortgage calculators. They take a minute to load, but they are worth it! Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Try each calculator with different interest rates, loan amounts, and payment schedules. The mortgage repayment schedule and other reports are fully customizable - just for your home, your interest rate, your loan amount, your taxes, and more. Would you like a print out, for your records and future reference? Each calculator includes a View Report button. Click it, hit print, and you have a report, customized just for you... How Much Should Your Income Be?
What income is required to qualify for a mortgage? That largely depends on your monthly debt payments and the current interest rate. This calculator collects these important variables and determines your required income to qualify for your desired mortgage amount.
Definitions
- Desired mortgage amount
- The total loan amount you are looking to qualify for.
- Monthly housing expenses
- Your monthly houses expenses from the housing expenses worksheet. The items entered as housing expenses make up the taxes and insurance portion of your monthly PITI payment.
- Monthly liabilities
- Your monthly liabilities from the liabilities worksheet. Your monthly liabilities are used to calculate your maximum PITI.
- Monthly housing payment (PITI)
- This is your total Principal, Interest, Tax and Insurance (PITI) payment per month. This includes your principal, interest, real estate taxes, hazard insurance, association dues or fees and principal mortgage insurance (PMI). Maximum monthly payment (PITI) is calculated by taking the lower of these two calculations:
- Monthly Income X 28% = monthly PITI
- Monthly Income X 36% - Other loan payments = monthly PITI
- Maximum principal and interest (PI)
- This is your maximum monthly principal and interest payment. It is calculated by subtracting your monthly taxes and insurance from your monthly PITI payment. This calculator uses your maximum PI payment to determine the mortgage amount that you could qualify for.
- Start interest rates at
- The current interest rate you could receive on your mortgage. This is used as the starting point for displaying a range of interest rates and the resulting mortgage amount.
- Term in years
- The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.
The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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Bargain Properties >Bargain Homes
Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.
Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.
It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.
Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.
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What Pasadena, California house was the movie home of the eccentric "Doc" Brown in the 1989 film, "Back to the Future"?
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| A |
The famous Gamble House, a landmark of Craftsman architecture, is now open to the public for tours.
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 See More Real Estate Trivia > |
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Brenda Cuoco & Company
Coldwell Banker Residential Brokerage
55 North Main Street
East Longmeadow, MA 01028
office: 413-525-5201
Vmail: 413-747-4964
Cell: 413-214-5365
Fax: 413-289-9496
bcuoco@NUMBER1EXPERT.com
Treating each and everyone of our client's as if they were our only client is what our team likes to do best.
We are always going above and beyond to service all of our client's. It's About always putting THEIR INTERESTS first, as well as giving 110% all the time and never giving up until the job's done. It's about commitment, hard work , integrity, energy, experience and results. We are friendly, caring, aggressive and most of all seeing a smile on our client's face is most rewarding to us!
Our client's say it like it is:
"We were so lucky to have her as our Realtor! Enthusiastic, energetic, aggressive, hardworking, honest, compassionate, knowledgeable, she has passion for the business, the page just isn't long enough!" These are just some of the many typical responses from satisfied client's when asked to describe buying or selling a home with Brenda Cuoco & Company.
Much Hard work & Commitment goes into being that type of agent. Brenda Cuoco & Company received the International Presidents Diamond Society Award in 2007 & 2008 and is also ranked in the top 1% of the Realtor Association of Pioneer Valley, as well as being the #1 team in Coldwell Banker in Hampden, Hampshire & Franklin County. Brenda is also a Certified Relocation's Specialist and New Homes Specialist. Call Brenda Cuoco & Company today and you will be happy you did!
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