What Monthly Payment Is Needed for a House with a Specific Sales Price?
Enter the following information and then click "Calculate" to see results.
For your convenience, worksheets have been provided to enter itemized
information, and defaults have been set for some of the entries.
Desired Sales Price of Home $
Gross Income
 (Pretax income) 		$
Monthly Debt
 (Do not include debt that will be paid off within
the next 12 months) 		$
Funds Available for
Down Payment & Closing Costs
 		$
Interest Rate Range
 (Minimum and maximum interest rates; maximum range equals 2%) 		From % To %
Mortgage Term
 (The length of the mortgage)
Down Payment Percentage
 		% of Sales Price
Closing Cost Percentage
 (Includes origination fees, discount points, and
other closing costs) 		% of Sales Price
Monthly Taxes and Insurance
 (Includes property taxes and hazard,
flood, and mortgage insurance) 		% of Sales Price

Netscape Navigator 3.x or Microsoft® Internet Explorer 3.x is required to use this calculator.

How Much Is Your Monthly Payment? | How Much House Can You Afford?
What Monthly Payment Is Needed for a House with a Specific Sales Price?
How Much House Can You Afford with a Specific Monthly Payment? | Is Now a Good Time to Refinance?

Glossary | Calculators | E-Mail | Site Map | Home

For more information on the home-buying process, call the
HomePath Hotline at 1-800-7FANNIE (1-800-732-6643).

© 1997-2000 Fannie Mae. All rights reserved.
South Bay Cities Real Estate by Rick Suzuki - Real Estate for sale in South Bay Cities California Real Estate News