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

Partners Real Estate Investment Trust is pleased to announce that it has closed its acquisition of three retail centres under the terms described in the REIT's press release dated April 2, 2014. The REIT ...

4/23/2014 7:15:00 AM

NEW YORK, April 23, 2014 /PRNewswire/ -- Today, nationally recognized real estate expert Brendon DeSimone announces the debut of his first book, Next Generation Real Estate: New Rules for Smarter Home Buying & Faster Selling (Changing Lives Press, $17.38), available now.    The result is a new portrait of the American Dream and a new world of real estate; DeSimone introduces Next Generation Real ...

4/23/2014 9:07:00 AM

McGuire Real Estate is sharing insights collected from a white paper issued by the company's luxury marketing network, Luxury Portfolio International®. Entitled "Young Affluents in the Digital World: ...

4/22/2014 2:07:43 PM

BBX Capital Real Estate, a division of BBX Capital Corporation , announced today it has entered into a joint venture agreement with New Urban Communities to develop the Village at Victoria Park.  The Village ...

4/23/2014 9:15:00 AM

MADISON, N.J., April 23, 2014 /PRNewswire/ -- Homeowners and people over 30 scored higher on a 13-question "Real Estate IQ" quiz than non-homeowners and people under 30, according to ERA Real Estate, a global franchising leader. Among all respondents, the average score was 73%, demonstrating a consumer knowledge gap that underscores the importance of working with a real estate professional. The ...

4/23/2014 10:39:00 AM

SAN RAMON, Calif., April 22, 2014 /PRNewswire/ -- Institutional Real Estate, Inc. is pleased to announce that it now provides qualified institutional real estate investors with unlimited, 24/7/365 access to its exclusive FundTracker database. Developed in 1996 but now available for the first time commercially, this comprehensive database is also available to qualified investment managers ...

4/22/2014 1:48:00 PM

Blackstone and its Real Estate portfolio company, Invitation Homes, today announced that it has named John A. Schissel as Chief Financial Officer and Leslie B. Fox as Executive Vice President and Chief Operating Officer .

4/22/2014 7:00:00 AM

LONDON--(BUSINESSWIRE)-- Pan-European industrial real estate investor and asset manager enhances forecasting capabilities with enhanced property management technology Since becoming a Yardi client in March ...

4/23/2014 12:00:00 AM

Inovalis Real Estate Investment Trust announces amendment to notice of meeting and information circular

4/22/2014 6:16:00 PM

SAN ANTONIO, April 23, 2014 /PRNewswire/ --  USAA Real Estate Company today announced long-time Global Investors Group leader, Susan Wallace has taken an office in its New York branch location in midtown ...

4/23/2014 7:39:00 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 Street Maps "Central"  |  Driving To Rocky Point  |  Border Wait Times  |  PassPort Information  |  For Buyers  |  Rocky Point Best Buys  |  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 Real Estate Listings "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 and Land For Sale "East" Rocky Point  |  Rocky Point Beach Rentals "East Side"  |  Rocky Point Street Maps "Eastside"  |  Santo Tomas Homes and Land For Sale Rocky Point  |  Mayan Resorts Condos and Homes For Sale RockyPoint  |  Playa Dorada Homes and Land For Sale Rocky Point  |  Playa Miramar Homes For Sale Rocky Point  |  Playa Encanto Homes for Sale Rocky Point  |  Playa Encanto Lots and Land For Sale Rocky Point  |  Playa La Jolla Homes For Sale Rocky Point  |  Las Conchas Custom Homes For Sale Rocky Point  |  Las Conchas Lots and 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  |  In-Town Lots and Land For Sale in Rocky Point  |  Rocky Point Rentals "In-Town" Mexico Rentals  |  Homes and Land For Sale "South" Rocky Point  |  Old Port Homes For Sale in Rocky Point  |  Rocky Point Beach Rentals "Old Port"   |  Sandy Beach Homes and Land For Sale Rocky Point  |  Condos & Resorts "S BCH"  |  Rocky Point Beach Rentals "Sandy Beach" Penasco  |  Sandy Beach Condo Map Rocky Point  |  Pinacate Beach Resort Condo For Sale Rocky Point  |  Las Gaviotas Resort Condos For Sale Rocky Point  |  Sonoran Sky Resort Condos For Sale Rocky Point   |  Puerta Privada Luxury Resort Condos For Sale  |  Las Palomas Golf and Beach Resort Condos For Sale  |  Costa Diamante Custom Homes and Land For Sale  |  Costa Diamante Lots and Land For Sale  |  Casa Blanca Resort Condos For Sale in Rocky Point  |  Princesa Resort Condos For Sale Rocky Point  |  Sonoran Spa Resort Condos For Sale Rocky Point  |  Sonoran Sea Resort Condos For Sale Rocky Point  |  Las Palmas Resort Condos For Sale Rocky Point  |  Bella Sirena Resort Condos For Sale  |  Sonoran Sun Rocky Point Resort Condos For Sale  |  Esmeralda Resort Condo For Sale in Rocky Point  |  Homes and Land For Sale "West" Rocky Point  |  Rocky Point Street Maps "Westside"  |  Cholla Bay Homes For Sale In Rocky Point  |  Cholla Bay Lots and Land For Sale In Rocky Point  |  Rocky Point Beach Rentals "Cholla Bay" Mexico  |  Homes and Land For Sale "North West" Rocky Point  |  Mexico Beach Rentals "North West" Rocky Point  |  Laguna Del Mar Lots and Land For Sale  |  Black Mountain Lots and Land For Sale  |  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  |  Los Portales Beachfront Homes For Sale Rocky Point  |  Playa Hermosa  |  Playa San Jorge Homes and Land For Sale RockyPoint  |  Black Mountain Lots and Land For Sale  |  Sandy Beach Lots and Land For Sale Rocky Point  |  Playa La Jolla Lots and 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 In Rocky Point  |  Activities  |  Playa Mia  |  Los Portales Lots and Land For Sale Rocky Point  |  Bank Owned/REO  |  Bella Vista Homes and Land For Sale  |  Rocky Point Lots and Land For Sale "By Area"  |  Rocky Point Beach Lots and Land  |  Old Port Lots and 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 Lots and Land For Sale Rocky Point  |  El Golfo Lots & Land For Sale in Rocky Point  |  Rocky Point Commercial Lots and Land  |  Rocky Point Lots & Land Lopez Acevez

Privacy Policy  |  Site Map  |  Profile  |  Sign In