All Things Real Estate in N Oakland and Lapeer Counties

Mortgage Calculator- How Much Can You Afford?


 

 


 

Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the 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:  $
Results
  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)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %

Buying a Short Sale- The Good The Bad and The Ugly


Below are the 5 most recent blog posts I wrote about buying short sale listings in Oakland and Lapeer Counties. For a complete list please go to my buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com and click on the short sale category. Or simply click on this link.

My buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com is a pretty complete resource for all aspects of purchasing a home in Oakland and Lapeer County Michigan with articles covering how to write an offer, the home buying process, how to figure your new taxes after purchase, market conditions for various areas including my predictions about future market conditions. And of course it is a pretty complete resource for all that is involved in buying a short sale or foreclosure listing.

Jackie Hawley

cell: (248)736-6407

Jackie@JackieHawley.com

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All Things Real Estate- North Oakland and Lapeer Counties


Buying a "Normal" Home Listing - Not a Short Sale or Foreclosure


Below are the 5 most recent blog posts I wrote about buying "normal" or non-distressed home listings (not short sales or foreclosures) in Oakland County MI. For a complete list please go to my buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com and click on the "buying NON distressed homes" category. Or simply click on this link for posts covering topics such as the purpose of the home inspection, what is an earnest money deposit, why you need title insurance, what are seller concessions, etc.

My buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com is a pretty complete resource for all aspects of purchasing a home in Oakland County Michigan with articles covering how to write an offer, the home buying process, how to figure your new taxes after purchase, market conditions for various areas including my predictions about future market conditions. And of course it is a pretty complete resource for all that is involved in buying a short sale or foreclosure listing.

Jackie Hawley

cell: (248)736-6407

Jackie@JackieHawley.com

The RSS feed is unavailable.

All Things Real Estate- North Oakland and Lapeer Counties


The Nuts and Bolts of Buying a Foreclosure Listing


Below are the 5 most recent blog posts I wrote about buying foreclosure listings in Oakland County MI. For a complete list please go to my buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com and click on the foreclosure category. Or simply click on this link.

My buyer blog at http://SoutheastMichiganRealEstate.Wordpress.com is a pretty complete resource for all aspects of purchasing a home in Oakland County Michigan with articles covering how to write an offer, the home buying process, how to figure your new taxes after purchase, market conditions for various areas including my predictions about future market conditions. And of course it is a pretty complete resource for all that is involved in buying a short sale or foreclosure listing.

Jackie Hawley
cell: (248)736-6407

Jackie@JackieHawley.com

Search the MLS

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All Things Real Estate- North Oakland and Lapeer Counties


Local Market Conditions North Oakland County MI


Below are the 5 most recent blog posts I've written about the local market- sales data, neighborhood and lake information. You can see all the posts I've written about the local market by going to http://SoutheastMichiganRealEstate.Wordpress.com and clicking on the market conditions category on the right hand side or simply click here.You may also want to check out post about lakefront real estate, and local recreational attractions.

Jackie Hawley
cell: (248)736-6407

Jackie@JackieHawley.com

Oakland County Lakefront Homes for Sale

Oakland County Lakefront Home Sales and Lake Data

Lapeer County Lakefront Homes for Sale

Search the MLS

Lake Orion

Clarkston

Oxford

Lapeer

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All Things Real Estate- North Oakland and Lapeer Counties