|
|
|
How Much House Can You Afford? Lehigh Valley Mortgage Payment?
|
|
|
 |
Before starting your Lehigh Valley home search, you should calculate how much you can afford.
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Keep in mind that purchasing a house involves more than just the monthly mortgage amount. Closing costs and inspections can cost thousands of dollars. If you have a particular house in mind, I can provide an estimate of what it will cost you for the complete process including deposits, inspections, taxes, and closing costs. More Information About Closing Costs
For mortgage calculations, 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
|
Optional
|
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) |
|
|
|
|
|
|
Direct: 484-241-1641
Email: joefinnerty@pattwhite.com
|
The Joe Finnerty Team
Direct: 484-241-1641
Prudential Patt, White Real Estate, Inc.
3101 Emrick Blvd, Suite 101
Bethlehem, PA 18020
Front Desk: 610-865-0033
FAX: 610-974-9430
|
 |
Keeping it Real in Real Estate!
If you are planning to buy or sell a home, Lehigh Valley Homes Online has the complete MLS listings for Allentown Real Estate, Bethlehem Real Estate, and Easton Real Estate. There is information about every municipality in Lehigh County and Northampton County. All real estate sales are included. Lehigh Valley Property listings include houses for sale, condos, new homes, and over 55 plus communitities
Site Map
Copyright © 2011 Joe Finnerty Real Estate
All information provided is deemed reliable but is not guaranteed and should be independently verified.
|
|