michele stewart Realtor
Michele Stewart 2864 Street Road Bensalem, PA 19020
Cell: (215) 771-4242
Fax: (215) 245-6329
Home:
Work Phone: (215) 638-4880

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.

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0.43% of Cost
Annual Property Tax:  $  
Estimate Tax to 1.2% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
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:
 
Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %

For more Information About Your Borrowing Power CALL Today !!!


This helpful calculator will let you see what your monthly payments will be for any home you are considering. It is important that you know the accurate annual real estate taxes for the home. Simply enter the appropriate information for the home you are buying and hit the TAB or Calculate Now buttons to see the payment. If you do not have a home selected yet, feel free to change the terms and compare different scenarios. If you are putting less than 20% down, you may have to pay monthly mortgage insurance and we have included this in the estimate. ** Mortgage insurance is estimated. Depending on your credit score, you may have to pay a higher rate. Please feel free to contact me with any questions you may have.


Office: 215-638-4880 ext.218
Direct: 215-771-4242
Email:michele.stewart@c21ag.com


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