Kevin Shaner Listed in Real Trends "America's Best Real Estate Agents" Top 1% Nationwide!

What Is Your Affordability Comfort Zone...  
Find Out Easily With Our Comprehensive Mortgage Calculator!



Our mortgage calculator will help you determine loan amounts, mortgage qualification, and whether you should be renting or buying.

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 e-mail yourself a copy of your results, click the Receive this Detailed Analysis link.

Although our mortgage calculator will give you a good idea of what you can afford, there is no substitute to meeting with a qualified real estate agent and mortgage professional to discuss the vast array of financing options that are available to you today. We specialize in helping you obtain a new home with the least amount of money possible out of your pocket. So be sure to visit my FREE Quick & Easy Mortgage Qualification Page, and we'll be happy to discuss what options are available to you.

Don't hesitate to contact me when it comes time to move forward with purchasing your new home. As stated through out this website, myself and my home selling team strive ourselves to helping you get the most home for your money! So when you're ready, be sure to take advantage of my offerings, such as my 100% Risk Free Services... this is just another way we lay it all out on the line to make sure you have a happy and successful home buying experience!

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:  %
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