Manassas, Lake Ridge, Gainesville/Bristowreal estate and homes for sale in Virginia - Jim and Deanna Gilbert, REALTORS® Jim and Deanna Gilbert REALTORS(r) for Lake Ridge, Manassas, Gainesville/Bristow, Virginia real estate - NUMBER1EXPERTS™ Jim and Deanna Gilbert NUMBER1EXPERTS(tm) for Lake Ridge, Manassas, Gainesville/Bristow, Virginia real estate
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Jim and Deanna Gilbert, REALTORŪ, real estate agents and broker for Lake Ridge, Manassas, Gainesville/BristowVirginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Calculators: Lake Ridge, Manassas, Gainesville/BristowVirginia home buying, real estate listings, and homes for sale in Manassas                       County, VA
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...


The Best Mortgage Calculators On the Web!
 

Please try our Java loan and mortgage calculators. They take a minute to load, but they are worth it! Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Each financial calculator also includes a View Report option. The mortgage repayment schedule and other reports are fully customizable. These reports are designed for you to print out and keep...
 

What's Your Maximum Mortgage?

What is your maximum mortgage? That largely depends on your income and current monthly debt payments. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Monthly income
Total monthly income from all sources. All income should be entered before taxes.

Monthly housing expenses
Your monthly houses expenses from the housing expenses worksheet. The items entered as housing expenses make up the taxes and insurance portion of your monthly PITI payment.

Monthly liabilities
Your monthly liabilities from the liabilities worksheet. Your monthly liabilities are used to calculate your maximum PITI.

Monthly housing payment (PITI)
This is your total Principal, Interest, Tax and Insurance (PITI) payment per month. This includes your principal, interest, real estate taxes, hazard insurance, association dues or fees and principal mortgage insurance (PMI). Maximum monthly payment (PITI) is calculated by taking the lower of these two calculations:

  1. Monthly Income X 28% = monthly PITI
  2. Monthly Income X 36% - Other loan payments = monthly PITI

Maximum principal and interest (PI)
This is your maximum monthly principal and interest payment. It is calculated by subtracting your monthly taxes and insurance from your monthly PITI payment. This calculator uses your maximum PI payment to determine the mortgage amount that you could qualify for.

Start interest rates at
The current interest rate you could receive on your mortgage. This is used as the starting point for displaying a range of interest rates and the resulting mortgage amount.

Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.




Jim and Deanna Gilbert, REALTORŪ, real estate agents and broker for Lake Ridge, Manassas, Gainesville/BristowVirginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Deanna & Jim's GOLD Team
RE/MAX Olympic Realty

9214 Center Street
Manassas, VA. 20110
Licensed in Virginia.
Mobile: 703-615-5888
Voice Mail: 703-881-4489
Home office: 703-794-8066
Fax: 703-794-8067
Email: dj@1ajent.com

Why not have our three Masters Degrees, Mediation and Negotiation Training, and Personal Commitment to "knocking your socks off" on your side?

Read the facts below, but talk to our clients to find out why so many people recommend us to their friends!

- We get RESULTS: PWAR Top Producer for 2002, 2003, 2004, 2005, 2006

- We know REAL ESTATE: Both of us have been involved with real estate for over 27 years in California, Pennsylvania and Virginia

- We know the AREA: Prince William residents for 14 years; Northern Virginia residents for 16 years

- Trained to LISTEN: Deanna has an MA in Marriage & Family Counseling from Pepperdine University

- Trained to SELL: Jim was #1 in his UCLA MBA class focused on marketing & Finance

- Trained to ANALYZE: Jim also has a MS in Computer Engineering from the University of Michigan

- Trained to avoid problems and CLOSE DEALS using the most successful "Win/Win" NEGOTIATION techniques: Jim has had professional negotiation training in classes at UCLA, Lockheed, Northrup-Grumman & Weichert

- Trained to resolve problems as they arise in your transaction: Deanna was trained by Northern Virginia Mediation to MEDIATE civil disputes to the standards of the Virginia Supreme Court

- Real FRIENDLY people: We have 4 kids, 3 dogs, houses, neighbors and friends in the area. Our younger home schooled kids are involved in figure skating and robotics.

- VOLUNTEERS: We volunteer to home schooling groups and the Prince William Association of Realtors.

Equal HousingMLSREALTOR


RE/MAX Olympic Realty real estate and homes for sale in Lake Ridge, Manassas, Gainesville/BristowVirginia

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