|
For married couples this is your total combined annual income before taxes. Home appreciates atAnnual appreciation you expect in the home you are purchasing. These fees can vary by lender, but at a minimum usually includes prepaid interest. For married couples this is your total combined annual income. Annual property taxesThe annual amount you expect to pay in property taxes. Your monthly liabilities from the liabilities worksheet. This amount is divided by 12 to determine the monthly property tax included in PITI. Any other installment loan payments, such as student loans or unsecured loans. Expected inflation rateInflation rate used to adjust amounts subject to annual increases. This amount is divided by 12 to determine the monthly home owners insurance included in PITI.
Annual home insuranceThe annual amount you expect to pay in home owners insurance. Total monthly minimum payments for your credit cards. Monthly car paymentsTotal monthly payment for your car loans. Total for down paymentTotal funds remaining for down payment. Monthly rent paymentAmount you currently pay for rent per month. Credit card paymentsTotal monthly minimum payments for your credit cards. Term in yearsThe number of years over which you will repay this loan. Your monthly houses expenses from the housing expenses worksheet. Other loan paymentsAny other installment loan payments, such as student loans or unsecured loans.
|
|