| Principal & Interest | $2,594 |
| Property Tax | $833 |
| Home Insurance | $208 |
| PMI not required |
| Purchase Price | $500,000 |
| Down Payment | $100,000 |
| Total Payments | $933,980 |
A $500,000 home with a 20% down payment, 6.75% interest rate, and 30 year term results in a mortgage payment of $2,594 before taxes and insurance.
Total Payment: $3,636*
*Includes monthly tax and insurance of $833 and $208, respectively.
PMI is not required when you make a down payment of 20% or more.
Step 1: Enter the combined annual gross income of all applicants.
Step 2: Enter total monthly debt payments, including cars, credit cards, student loans, etc. Exclude utilities and other non-debt related expenses.
You must include taxes and insurance. Your lender will factor these payments whether or not you include them in your mortgage payment.
HOA fees are not included in your mortgage payment. However, they are considered when calculating your housing and debt-to-income ratios and must be accounted for.
| Housing Ratio | 0% |
| Debt-to-Income | 0% |
| Monthly Income | $0 |
| House Payment | $0 |
| HOA (Monthly) | $0 |
| Total Payments | $0 |
I am a highly accomplished and seasoned real estate professional with over 20 years of experience and expertise in the industry.
I am a licensed realtor in Pennsylvania and New York as well as a mortgage loan originator in the states of New Jersey and Pennsylvania, allowing me to provide comprehensive and top-notch services to my clients across the tri-state area. My extensive knowledge of the local real estate markets, combined with my strong negotiation skills and dedication to client satisfaction, has earned me a reputation as a trusted and reliable professional in the industry.
Throughout my two-decade career, I have demonstrated a deep understanding of the complexities of the real estate and mortgage industries. I have honed my skills through hands-on experience, navigating various market conditions, and adapting to industry changes. I leverage my expertise to guide my clients through every step of the buying, selling, or financing process.
In addition to my professional accomplishments, I am known for my exceptional work ethic, integrity, and passion for helping others achieve their real estate goals. I am committed to staying ahead of the curve in an ever-evolving market, continuously seeking out new opportunities to expand my knowledge and skill set.
With over 20 years of experience, I have achieved remarkable success and am well-positioned to continue making a significant impact in the industry for years to come. My dedication to excellence, coupled with my natural talent for real estate and finance, sets me apart as a standout professional in the field.
