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Working in Paradise to help make Your Dreams come True!
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Chemical Bank 231-941-4895 Jeanne Lee Flagstar Bank 231-846-2222 Jason Crawford Genisys Mortgage Group, Inc. 231-779-9817 Jan Leiby The Honor State Bank 231-383-2536 Mike Jones Huntington 231-723-0327 Rosalind Jaffe Northwestern Bank 231-723-9117 Mary Kaye Wilkosz PNC Mortgage 231-723-0519 Mindy Sedelmaier Traverse City State Bank 231-633-0290 Steve Strassburger West Shore Bank 231 723-1800 Jeanette A. Somsel Wells Fargo Bank in Traverse City 231-947-9355 Jim Behreman |
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Calculators
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Let us help you find out what you can afford! Our mortgage calculator will help you determine loan amounts, mortgage qualification, or 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 mail yourself a copy of your results, click the Receive this Detailed Analysis link.
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Required
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Optional
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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.
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| 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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| Note: 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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