Mortgage Calculator

Instructions
This simple calculator calculates your monthly payment based on your input. Please enter numbers without commas. The annual tax and insurance numbers are estimates. This calculator assumes conventional mortgage financing at 6.5% for calculating mortgage insurance, the actual rate may be higher or lower than this.

How Much Can I Afford?
Ratios: A mortgage company uses ratios to analyze the mortgage payment that you can afford. The housing payment ratio (or Front Ratio) compares your total mortgage payment to your monthly income. The total debt expense (or Back Ratio) compares your total monthly obligations including your total mortgage payment to your monthly income. These ratios are meant to be used as guides. Please contact me for a complete prequalification analysis.

Mary "Jeannie" Schjei
Counselor Realty, Inc. of Alexandria
211 Broadway
Alexandria, MN 56308

Mobile Toll-Free: 1-800-996-1695
Mobile: 320-760-1695
Home Office: 320-834-2310
Direct Office at Counselor: 320-762-7337
Counselor Office:320-762-1111

©: Selected Content, Copyrighted 2003, Mary "Jeannie" Schjei
©: Artwork, 3D Logos, Maps, Script, Copyrighted 2003, TimHarris.com
Web Site created by TimHarris.com

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