Charlotte NC Real Estate - Your Charlotte Real Estate Agent Rick Waite
Charlotte Real Estate - Charlotte Homes For Sale 
Rick Waite

Calculate Your House Payment


When buying a Charlotte home, one of the most important facts is your house payment.  As you begin considering Charlotte Homes for Sale, you must first figure out how much you can afford.  No, this does not mean how much the lender is willing to loan; this is how much you are comfortable spending.  No one knows your lifestyle better than you.  There are several facts to keep in mind such as the tax savings you will be receiving as apposed to renting a home.  There are also many other facts to consider such as the property taxes, home owners insurance and the upkeep of your new home.  A lender will help pre-approve you for a Charlotte Mortgage but that is only the first step along your journey.  Call and I will assist you further to help make the entire home buying process as smooth and comfortable as possible.


How Much Can You Afford?


 
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying Charlotte Real Estate.

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
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

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:    
 


Now than you have an idea of your potential mortgage payments it is time for the next step.

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