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Incredible homes for low prices through the friendly service representative staff at O’Neil Realtors.
Incredible homes for low prices through the friendly service representative staff at O’Neil Realtors.
Incredible homes for low prices through the friendly service representative staff at O’Neil Realtors.
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Compute Your Maximum Allowable Monthly Payment
&
Home Purchase Price
This calculation will calculate both your maximum monthly mortgage payment and the maximum purchase price of your home based on the numbers you input.

Lenders typically allow the lessor of these two calculations as your Maximum Monthly Expense:
a) 28% of your monthly gross income, or
b) 36% of your monthly gross income less any long term obligations.

 
           
Annual Gross Income: $    
           
Monthly Long Term Obligations:   Mortgage Information:  
Child Care:
Down Payment:
Association Dues:
Interest Rate:
%
Car:
Number of Years:
yrs
Other:
           
Maximum Monthly Mortgage Payment:  
$
      
           
Maximum Purchase Price:        
$
        
       
 
   
Compute Your Monthly Mortgage Payments
Here's a calculator to determine your monthly payment based on the purchase price and other loan information.
 
      Monthly Payments:
Purchase Price:   Principal and Interest: per month.
Down Payment:   With Estimated Taxes and Insurance: per month.
Interest Rate:  
Term of Loan: years    
           
         

 

Jay & Martha O'Neil
Sycamore Group Associates
31 First Street South West, Carmel, IN 46032 Email Us
Jay: (317) 848-0008 Fax: (317) 581-2620 Toll Free: (800) 681-3507
Jay and Martha O'Neil: Professional Realtors for Indianapolis, Hamilton County, and surrounding areas.

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