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Mortgage Calculators
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My calculators will help you determine loan amounts, mortgage qualification, affordability, estimated closing costs, or whether you should be renting or buying. All information you supply is kept secure and confidential.
Please consult also our Real Estate Finance Q & A section for essential information.
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.
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Loan Insurance (%): |
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| Total Loan (Mortgage) Amount: |
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| Principal & Interest: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Condo Fees: |
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| Monthly Loan Insurance (%): |
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| Total Monthly Payment: |
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| Income Needed to Qualify for the Mortgage |
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| Total Monthly Loan Payment: |
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| Total Monthly Debt Payment: |
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| Monthly Loan Insurance (%): |
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| Qualifying Income of % GDS Ratio: |
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| Qualifying Income of % TDS Ratio: |
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| What You Can Afford |
| We are using the % ratio. |
| Cost of House: |
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| Down Payment: |
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| Loan Value: |
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| Monthly Principal & Interest: |
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| Monthly Insurance: |
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| Monthly Property Tax: |
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| Monthly Condo Fees: |
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Cost of House = [(Monthly income x Debt Ratio) –
monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate) |
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Your Westchester County New York Real Estate Center
Real Estate Listings, Sales, Rentals, Consultation & Relocation Services
Home Buyers, Sellers & Renters Representation
Residential Property Management
38 Main Street - Tarrytown, New York 10591
1197 Pleasantville Road - Briarcliff Manor, New York 10510
68 Main Street - Irvington, New York 10533
Main Office - Tarrytown New York - 914-332-6300
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©2007 Phyllis Lerner - Corcoran Legends Realty
 
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