Eric Fales, ABR, CDPE, CRS, GRI
Contact Us  |  SMART Home Program  |  Home Search  |  Testimonials
Home
Featured Listings
Search MLS Listings
Buying Your Next Home
Selling Your Home
Mortgage Calculator
Neighborhood Info
Two Turtles
 
Licensed in the Commonwealth of Virginia

  Eric Fales, ABR, CDPE, CRS, GRI
  The Fales Group
  at refine Properties

  Office: 804-433-3828

   Licensed in the Commonwealth of Virginia

 


Calculators



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
   
    %
$
$  
$  
Estimate Insurance to of Cost
$  
Estimate Tax to of Cost
$
$
Optional Fields
   
   
$
Results
Receive Detailed Analysis  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:  %

Eric Fales, ABR, CDPE, CRS, GRI
at refine Properties

Licensed in the Commonwealth of Virginia
Richmond, Virginia

  Office: 804-433-3828

Also Associated With:
The Fales Group  |  HomeVestors of Richmond  |

 

Home  |  Featured Listings  |  Search MLS Listings  |  Buying Your Next Home  |  Selling Your Home  |  Mortgage Calculator  |  Neighborhood Info  |  Two Turtles 
Contact Us  |  SMART Home Program  |  Home Search  |  Testimonials
 

Privacy Policy  |  Site Map  |  Profile  |  Sign In