Interest Rate (%) (go find)
Amortization (Yrs)  
A. Gross Annual Income
 
B. Gross Monthly Income
(Line A / 12)
C. Total Monthly Debt Service
(Line B x 0.4)		  
D. Monthly Allowable Payment
(Line B x 0.3)		  
E. Monthly Principle & Interest
(Line D x 0.85)		  
F. Est. Mortgage Amount
 
G. Price Range (5% down)  
H. Price Range (10% down)  
I. Price Range (25% down)

 

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