Selling Central MS Homes Call Me! 601 573 4912 There's No Place Like Home In Mississippi
Mindy Dotson Mindy Dotson 601-573-4912 Email Mindy

Buying Appliances For Your New Home


Visit houselogic.com for more articles like this.

Copyright 2010 NATIONAL ASSOCIATION OF REALTORS®


Home Buyer Reports

Be sure not to pay too much for your home!
Whether you are buying your first home, or your fifth, the process of buying a home is a detailed, time-consuming venture...
Read More 

 

Ensure A Smooth Home Purchase
Buying a home can be an emotional, time-consuming, and complex process...
Read More 

 

Avoid the Most Common Buying Errors
Shopping for a new home is an emotional experience. It’s also time consuming and comes with a myriad of details...
Read More 

 

Things To Keep In Mind When Buying Your First Home
Many renters are starting to think about purchasing a home of their own. Several factors should be considered when purchasing a home...
Read More 

Townhouse For Sale Brandon | Real Estate Agent Brandon | Condos For Sale Brandon | Brandon Short Sales | Waterfront Homes For Sale Brandon | Retirement Communities Brandon


Calculators


Let me help you to find out what you can afford in your new home. This mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying at this time.


Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To mail yourself a copy of your results, click the Receive this Detailed Analysis link.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
0.43%of Cost
Annual Property Tax:  $  
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

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:  
 
Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate)
Monthly Rent: $
  No. of Years you plan on keeping the home:
Annual Rental Increases:   %   Yearly Appreciation on the Home: %
Monthly Renter Insurance: $   Annual Home Maintenance: %
Savings or Investment Rate:   %  


Mortgage News



AOL News
What Will Happen When Mortgage Rates Spike?   8/19/2009 10:33 AM
Last week, the Federal Reserve announced that it would be winding down its $1.25 trillion effort to purchase mortgage-backed securities later this year -- ending a program that has been instrumental in driving mortgage rates to record lows, which helps make homes more affordable with lower monthly payments. What does this mean for you?
Buying a Home Without a FICO Score   9/21/2009 8:57 AM
Nearly every personal finance guru in America will tell you that it's important to build and maintain a high FICO score -- and that good credit is a sign of financial prudence and responsibility. Lenders will reward you for that responsibility with a lower interest rate loan.
A Mortgage Modification Will Crush Your Credit Score   7/21/2009 10:03 AM
President Obama's Making Home Affordable mortgage modification plan is getting quite a bit of press lately, most of it focusing on how it can help borrowers who are having trouble with their payments. But here's one downside to having your mortgage modified:
First-Time Buyer Tax Credit Can Be Used as a Down Payment   7/9/2009 9:27 AM
The Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment. Here's what this means:
More Americans are Behind on their Mortgage PaymentsMortgages6/30/2009 9:58 AM
Now that one in eight people are behind on their mortgages, the "it's not so bad" crowd seems to have quieted down a bit. But here's the reason that we should relax:
Houses at $299k Sell Better Than $301kMortgages6/30/2009 5:33 PM
In a piece on selling your home in a hurry, Money Magazine staff reporter Beth Braverman offers some good tips -- but then there's this clunker...
Are You Pre-Approved for a Mortgage?   9/8/2009 4:28 PM
Are you thinking about buying a home in the near future? Regardless of your credit, the first thing you should do is get your financing in order with a mortgage pre-approval. Everything from credit score requirements to PMI has changed in the last 12 months, so you may be facing a surprise or two.
How to Refinance Your Home When You Don't Have a JobMortgages9/3/2009 12:53 PM
As someone who has been without a full-time job for more than a year, I've wondered how to refinance my home while being unemployed. It's a tough situation to be in. You can't get a home loan without a steady income, and without a job you can't afford your home.
Get Out of Debt the Casey Serin Way   9/2/2009 12:14 PM
Casey Serin, an infamous online entrepreneur we previously profiled at Walletpop, has come a long way on the dark road of how to get out of debt -- and he still owes $190,000. That's the amount left over after his crazy year of failing to "flip" houses in Sacramento, succumbing to foreclosures and divorce.
Toilet Overflowing? Just Send a TextMortgages9/1/2009 9:52 AM
Taking online banking a step further, tenants who use PayYourRent.com now can not only pay their rent and apartment utilities online, they can also file a request for maintenance on the same site. And since their email goes directly to Joe Toolbelt's Blackberry -- in theory anyway -- there is the presumption that their leaky faucets will get fixed faster.

Find Me On Homefinder.com


Home Search

Never miss the perfect home!  Search for your dream home now.  Begin Search  Home search
Exterior01.jpg
 

Buyer's Toolkit
 

Your Team
Your Plan
Your Calculator
Your Opinion
Your Real Estate News
 

Read More

Helpful Articles

Why hire a real estate professional?

AgentSold01.jpg


New Buyer Home Tax Credit


Do I Qualify?

Featured Listings


Loading...