Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs real estate and homes for sale in New Jersey - Tami's Team, REALTORS® Tami's Team REALTORS(r) for Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs, New Jersey real estate - NUMBER1EXPERTS™ Tami's Team NUMBER1EXPERTS(tm) for Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs, New Jersey real estate
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Tami's Team, REALTOR®, real estate agents and broker for Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Calculators: Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs New Jersey home buying, real estate listings, and homes for sale in Bergen County, NJ
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...


The Best Mortgage Calculators On the Web! 

Please try our 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... 

What's Your Maximum Mortgage?

What is your maximum mortgage? That largely depends on your income and current monthly debt payments. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Monthly income
Total monthly income from all sources. All income should be entered before taxes.

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.




Tami's Team, REALTOR®, real estate agents and broker for Tenafly, Closter, Demarest, Cresskill, Haworth, and Englewood Cliffs New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Tami Rapaport's Team
Coldwell Banker Residential Brokerage

130 Dean Drive
Tenafly, NJ. 07670
Direct Line: 201-227-2045
Cell: 201–665-5558
201-567-7788 ext. 127
Fax: 201-567-3220
Email: Tami@TamiRapaport.com

Tami Rapaport, a President's Premier Agent with Coldwell Banker (top 1% of the highest sales within the company internationally) has been ranked #5 in 2007 out of 3,800 Coldwell Banker agents throughout the entire state of New Jersey.... Tami is the only Realtor in Tenafly to achieve Eastern Bergen Board’s Platinum Level Circle of Excellence Award 6 years in a row (2002 – 2007) Additionally, Tami Rapaport has been named the Tenafly office Salesperson of the Year for 2007.........an honor she has received consistently for the past 9 years.

"Tami's level of commitment is incomparable. The honors she continues to earn are a reflection of her dedication. She knows the market, she listens to her clients and she delivers as they have come to expect her to." Karen Murphy, Coldwell Banker, Tenafly Manager

“To produce so impressively in a changing and always competitive market is a testament to your ability in business and your effectiveness at encouraging trust and enthusiasm among customers. You are a credit to our profession, a prime resource for your clients and a valued member of the NRT family. I thank you for your effort and wish you all the best in future success.” Bruce Ziph, President and CEO, NRT Inc.

“Thank You for following through on all the details throughout the closing! We really appreciate your hard work in getting this deal done!” David Kevorkian, Seller of a Tenafly home

“Thank you for all your efficient services. I appreciate you!” Ann Davis, Landlord of rental home in Haworth

Look for weekly update of homes sold in different towns throughout Bergen County. Join our mailing list and you we will sent you a free list of sold homes. Go to www.SoldHomesReport.com

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