Haverford, Radnor, The Main Line real estate and homes for sale in Pennsylvania, LUXURY HOMES, HISTORIC PROPERTIES - Marice B. Bock, Keller Williams Main Line Realty, REALTOR® Marice B. Bock, Keller Williams Main Line Realty REALTOR(r) for Haverford, Radnor, The Main Line, Pennsylvania real estate, LUXURY HOMES, HISTORIC PROPERTIES - NUMBER1EXPERT™ Marice B. Bock, Keller Williams Main Line Realty NUMBER1EXPERT(tm) for Haverford, Radnor, The Main Line, Pennsylvania real estate, LUXURY HOMES, HISTORIC PROPERTIES
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Marice B. Bock, Keller Williams Main Line Realty, REALTOR®, real estate agent and broker for Haverford, Radnor, The Main Line Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Calculators: Haverford, Radnor, The Main Line Pennsylvania home buying, real estate listings, and homes for sale in Montgomery County, PA
Welcome > Resources > Mortgage Calculators > Your Income ...


The Best Mortgage Calculators On the Web! 

Please try my 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. Try each calculator with different interest rates, loan amounts, and payment schedules. 

The mortgage repayment schedule and other reports are fully customizable - just for your home, your interest rate, your loan amount, your taxes, and more. 

Would you like a print out, for your records and future reference? Each calculator includes a View Report button. Click it, hit print, and you have a report, customized just for you... 

How Much Should Your Income Be?

What income is required to qualify for a mortgage? That largely depends on your monthly debt payments and the current interest rate. This calculator collects these important variables and determines your required income to qualify for your desired mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Desired mortgage amount
The total loan amount you are looking to qualify for.

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.




Marice B. Bock, Keller Williams Main Line Realty, REALTOR®, real estate agent and broker for Haverford, Radnor, The Main Line Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm) Marice B. Bock, Keller Williams Main Line Realty
Keller Williams Main Line Realty


711 W. Lancaster Ave
Bryn Mawr PA, 19010
KW Office: 610-520-0100
Home Office: 610-525-0538
Cell: 610-306-6661
Fax: 610-527-1149
Email: marice@marice.com

Marice Bock, Associate Broker, has been successfully selling real estate on the Main Line for many years. These years of experience, combined with an unparalleled knowledge of the Real Estate market, have propelled her into the highest echelons of her field. Marice has focused on educating herself to the ever-changing market, and has been awarded a numerous designations – "ABR, CRS, CSP, e-PRO, GRI, SRES" and "Associate Broker, Certified Mediator". She brings this to the table along with honesty, integrity, and trust.

Marice believes that her clientele deserves the best assistance possible, and has dedicated herself to providing a superior caliber of service. Marice has built a reputation for client satisfaction, and is devoted to making any real estate transaction as easy as possible. Her clients have the added benefit of working with an agent who understands their needs when buying, selling, or relocating. Her goal is to get the best price in the shortest amount of time, with the least amount of aggravation.

Finding the right home is only the beginning. And Marice Bock will help to guide you every step of the way.

ABRCRSCPSeProGRISRES

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