Your Calculator

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.

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:  $
  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)
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %

Your Real Estate News

real estate - Yahoo News Search Results

NEW YORK -- via PRWEB - "Exceeding $100 million in AUM is a great milestone. It's a continued investor validation that the TI+ Fund is meeting its mandate to deliver high current income and total ...

10/22/2014 1:59:30 PM

NEW YORK, N.Y. -- via PRWEB - "TI+ continues to deliver against its mandate of current income and total return, with low volatility and correlation. With TI+ individual investors are now able to invest ...

10/21/2014 1:58:53 PM

dotloop today announced that Leading Real Estate Companies of the World®, the largest network of top independent local and regional brand-name brokerages, has selected dotloop and its broker solution dotloop ...

10/22/2014 6:00:00 AM

WPT Industrial Real Estate Investment Trust Announces October 2014 Distribution

10/22/2014 10:12:00 AM

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that Prudential American Heritage Real Estate ha

10/22/2014 12:32:00 PM

LONDON, Oct 23, 2014 - (ACN Newswire) - "Japanese real estate is on the path to recovery. Compared to other countries in the region, real estate in Japan is undervalued and often the last resort for cross-border real estate investments, but that will soon change. Private wealth managers need to come to Japan to see the assets directly," advises Hitoshi Maehara, Chief Executive Officer, Tokyu ...

10/23/2014 2:30:00 AM

"In the past several years, we reported that real estate market participants' main fears revolved around the uncertainty with the economy. Now, the trepidation in their eyes has more to do with the ability of the growing real estate markets to adapt to a series of mega trends impacting society and the global economy. ULI Global Chief Executive Officer Patrick L. Phillips pointed to the continued ...

10/22/2014 5:30:00 AM

The Gatewood neighborhood is adjacent to Lincoln Park, West Seattle's commercial core and Puget Sound.  Despite that, the neighborhood's typical home value, $451,400, is a little less than that for the city as a whole, $465,400, according to Zillow. And there are nice homes available in Gatewood for even less.

10/21/2014 3:37:18 PM

Wheeler Real Estate Investment Trust, Inc. (“Wheeler” or the “Company”), a company specializing in owning, acquiring, financing, developing, renovating, leasing and managing income producing assets, such as community centers, neighborhood centers, strip centers and free-standing retail properties, announced recently that the Company has assumed a contract previously entered into by Wheeler ...

10/22/2014 11:39:49 AM

AllianceBernstein Real Estate Group and Centerboard Group, LLC today announced an acquisition of a majority interest in a new company which owns all of the temporary lodging accommodations assets of Signor Group .

10/21/2014 10:12:00 AM

Your Plan

1.  Find the right representative
Even if you’re not quite ready to buy, your buyer’s agent can be an absolute wealth of information, and can often offer ‘scoops’ on local developments you might not have know about otherwise.  Speak to your agent first and he or she can be helping to guide you right from the start.

2.  Find out what your price range is
Online mortgage calculators are a good place to start, but as you get closer to being ready to buy, there is no substitute for a written mortgage pre-approval.  Just speaking to your lender is an extremely worthwhile venture – this is the only way to really get an in-depth picture of your overall financial picture and to discover exactly what you can reasonably afford to spend on a home (and possibly on renovating).

3.  Find out what your local market looks like
The internet can be incredibly valuable in doing preparatory research.  Start with your agent – he or she can direct you to valuable resources and immediately start e-mailing you real estate listings that may interest you (or at least give you a better idea of what your needs and wants are).

4.  Find out what your true needs and wants are
Compose a needs/wants list that takes into consideration your local market conditions, your price range, and the advice of your real estate agent.

5.  Find your dream home!
Once you’re ready to act, you may be surprised by how quickly you can make a decision.  Armed with your pre-approval, a little market knowledge, and your needs/wants list, call your real estate agent, hit the pavement, and when you see ‘the house’, put in an offer. 

With the right team behind you, it really can be that easy!

Your Team

Your Agent
A successful purchase starts with the right representative. In fact, once you’ve selected the best agent to represent you, it is likely that he or she can recommend other professionals to join your team, taking more of the responsibility off of your shoulders.

Lender (Appraiser)
A bank is not just a bank. Having the right backer can be extremely important – it is your money we’re talking about after all! Make sure that your lender and financial representative is someone with whom you feel comfortable, and be wary of any lender who promises you more than you think you can reasonably afford. Your lenders may or may not require an independent appraisal, and typically will make arrangements for the appraisal themselves.

Your home purchase is far too important a transaction to skimp on legal representation at the risk of leaving yourself open to costly future issues. Find a lawyer who is willing to take the time to answer your questions and who specializes in real estate law.

Home Inspector
No home inspection is 100% guaranteed, but a few hundred dollars to catch a major problem now is certainly better than many thousands to correct that ‘surprise’ down the road. Ask your agent for a recommendation.

Planning some renovations? You’re not the only one! The home renovation industry is booming, and in some markets, booking a contractor must be done months in advance (that’s a long time to go without a kitchen). Don’t let finding the right contractor slip through the cracks – planning ahead will almost certainly make your renovation smoother, and you contractor will appreciate the advance notice. 

Feedback Form

Whether you are planning to buy your first home or sell your existing home, contact us today! 

We'd love to hear from you!

To:  John Walz

First Name: 
Last Name: 

* Enter the text in the image:


What is your primary source for real estate information?
Home  |  About Me  |  Realty Executives  |  Rocky Point Maps "Central" Puerto Penasco Mexico  |  Driving To Rocky Point - Puerto Penasco Mexico  |  Border Wait Times  |  PassPort Information  |  For Buyers  |  Rocky Point Best Buys "Weekly Sales Update"  |  Rocky Point Bank Foreclosures & Short Sales  |  Buyer's Toolkit  |  Why Hire a Professional?  |  Avoid Buyer Errors  |  Do not pay too much  |  Smooth Home Purchase  |  Contact Me  |  Search MLS Listings  |  Featured Listings  |  Rocky Point Beachfront Condos for Sale "All Areas"  |  Beach Front Homes & Condos For Sale "All Areas"  |  Rocky Point Lots and Land For Sale "All Areas"  |  Pending Sales "All Areas"  |  Home Search  |  Ownership In Mexico  |  Bank Trust  |  Property Taxes  |  Calculators  |  Homes & Land For Sale "East" Rocky Point Mexico  |  Rocky Point "East Side" Beach Rentals in Mexico  |  Rocky Point Maps "Eastside" Puerto Penasco Mexico  |  Santo Tomas Homes & Land For Sale Rocky Point Mex  |  Mayan Resorts Condos and Homes For Sale RockyPoint  |  Playa Dorada Bch Homes & Land For Sale Rocky Point  |  Playa Miramar Beach Homes For Sale Rocky Point  |  Playa Encanto Beach Homes for Sale in Rocky Point  |  Playa Encanto Lots & Land For Sale Rocky Point  |  Playa La Jolla Beach Homes For Sale Rocky Point  |  Las Conchas Custom BeachHomes For Sale Rocky Point  |  Las Conchas Beach Lots & Land For Sale Rocky Point  |  Las Conchas Mexico Beachfront Rentals Rocky Point  |  Homes & Land For Sale "Central" Rocky Point Mexico  |  Mirador Homes For Sale in Rocky Point  |  Mirador Lots and Land For Sale Rocky Point  |  Rocky Point Beach Rentals "El Mirador"  |  In-Town Homes For Sale in Rocky Point Mexico  |  In-Town Lots and Land For Sale in Rocky Point  |  Rocky Point "In-Town" Rentals in Mexico  |  Homes & Land For Sale "South" Rocky Point Mexico  |  Old Port Homes For Sale in Rocky Point  |  Rocky Point Beach Rentals "Old Port"   |  Sandy Beach Condos&Homes For Sale Rocky Point Mex  |  Condos & Resorts "S BCH"  |  Rocky Point "Sandy Beach" Rentals in Penasco  |  Sandy Beach Condos Map Rocky Point Mexico  |  Pinacate Beach Resort Condo For Sale Rocky Point  |  Las Gaviotas Resort Condos For Sale Rocky Point  |  Sonoran Sky Resort Condos For Sale Rocky Point Mex  |  Puerta Privada Luxury Beach Resort Condos For Sale  |  Las Palomas Golf and Beach Resort Condos For Sale  |  Costa Diamante Homes&Land For Sale Penasco Mexico  |  Costa Diamante Lots & Land For Sale Penasco Mexico  |  Casa Blanca Condos For Sale in Rocky Point Mexico  |  Princesa Beachfront Condos For Sale Rocky Point  |  Sonoran Spa Resort Condos For Sale Rocky Point Mex  |  Sonoran Sea Resort Condos For Sale Rocky Point Mex  |  Las Palmas Beach Resort Condos For Sale RockyPoint  |  Bella Sirena Condos For Sale in Rocky Point Mexico  |  Sonoran Sun Rocky Point Resort Condos For Sale Mex  |  Esmeralda Condos For Sale in Rocky Point Mexico  |  Homes & Land For Sale "West" Rocky Point Mexico  |  Rocky Point Maps "West Side" Puerto Penasco Mexico  |  Cholla Bay Homes For Sale In Rocky Point Mexico  |  Cholla Bay Lots & Land For Sale In Rocky Point Mex  |  Rocky Point "Cholla Bay" Beach Rentals in Mexico  |  Homes & Land For Sale "North West" Rocky Point Mex  |  Mexico Beach Rentals "North West" Rocky Point  |  Laguna Del Mar Lots and Land For Sale  |  Black Mountain Lots & Land For Sale Penasco Mexico  |  Laguna Shores Homes and Land For Sale Rocky Point   |  For Sellers  |  Seller's Toolkit  |  Selling Price  |  Selling Your Home  |  Common Selling Mistakes  |  Home Evaluation  |  Home Styling  |  Moving your Pets  |  Long Term Mexico Rentals "By Area" Rocky Point  |  Long Term Mexico Beach Rentals "All Areas"  |  Rocky Point Commercial For Sale "All Areas"  |  My Blog  |  AMPI  |  WHY ROCKY POINT  |  Places To Stay in Rocky Point  |  Places To Drink in Rocky Point?  |  Places To Eat in Rocky Point ?  |  Boo Bar Cantina  |  Al Capone's Pizza & Beer Rocky Point  |  Brothers Pizza & Wings Rocky Point  |  Giuseppi's Espresso  |  Chili Peppers Restaurant & Bar  |  Things To Do In Rocky Point  |  Mar de Cortes International Airport  |  Links & Events  |  Numbers You Can Use  |  Mexico History  |  Mexico Living  |  About Mexico  |  Puerto Penasco History  |  Monthly Newsletter  |  Coming Soon  |  Rocky Point Times & Joinus Ads  |  New administration eagerly addressing issues  |  EL RESTAURANT DE RAMON  |  Diamond Village Resorts Homes for Sale Rocky Point  |  Los Portales Beachfront Homes For Sale Rocky Point  |  Playa Hermosa  |  Playa San Jorge Homes and Land For Sale RockyPoint  |  Black Mountain Lots & Land Sale in Rocky Point Mex  |  Sandy Beach Lots & Land For Sale Rocky Point Mex  |  Playa La Jolla BchLots & Land For Sale Rocky Point  |  Playa Hermosa Lots  |  Playa Dorada Lots and Land For Sale Rocky Point  |  Playa Miramar Lots and Land For Sale Rocky Point  |  Mayan Palace Lots  |  Playa San Jorge Lots and Land For Sale Rocky Point  |  Rentals Cars Travel Agencies  |  Closed Sales  |  Distressed Properties For Sale Rocky Point Mexico  |  Activities  |  Playa Mia  |  Los Portales Lots and Land For Sale Rocky Point  |  Bank Owned/REO  |  Bella Vista Homes for Sale in Rocky Point Mexico  |  Rocky Point Lots & Land For Sale "By Area" Penasco  |  Rocky Point Beachfront Lots & Land For Sale  |  Old Port Beach Lots & Land For Sale in Rocky Point  |  Lomas Campestres Lots and Land For Sale RockyPoint  |  Laguna Del Mar Lots and Land  |  Laguna Shores Lots and Land  |  Las Lagrimas Beach Lots & Land For Sale RockyPoint  |  El Golfo Lots&Land For Sale in Rocky Point Mexico  |  Rocky Point Commercial Lots & Land For Sale   |  Lopez Aceves Lots & Land For Sale Rocky Point

Privacy Policy  |  Site Map  |  Profile  |  Sign In