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Service is my Specialty
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Calculators
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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.
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Loan Insurance (
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| Total Loan(Mortgage) Amount: |
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| Principal & Interest: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Condo Fees: |
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| Monthly Loan Insurance (%): |
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| Total Monthly Payment: |
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| Income Needed to Qualify for the Mortgage |
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| Total Monthly Loan Payment: |
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| Total Monthly Debt Payment: |
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| Monthly Loan Insurance (%): |
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| Qualifying Income of
% GDS Ratio: |
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| Qualifying Income of % TDS Ratio: |
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| What You Can Afford |
| We are using the % ratio.
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| Cost of House: |
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| Down Payment: |
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| Loan Value: |
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| Monthly Principal & Interest: |
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| Monthly Insurance: |
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| Monthly Property Tax: |
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| Monthly Condo Fees: |
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| Note: Cost of House = [(Monthly income x Debt Ratio) – monthly tax – monthly insurance – condo fee] / (monthly interest rate/ function of interest rate) |
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The Mortgage Team
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www.tmtlending.com
22000 64th Ave W #2F
Mountlake Terrace, WA (425) 275-9009
At The Mortgage Team, they treat each customer as an individual, not another number. They don’t place you into a loan profile formula created by the banking industry. They are a “common sense lender” and will try to help you obtain the best loan possible. They are an A rated lender with first quality rates.
The Mortgage Team has partnerships with with numerous investors. This allows them to get you the best rates on all types of loan programs including: Conventional, Jumbo, Equity Lines and Commercial. Whether your situation calls for Full Documents, EZ Qualifier, Non-Owner Occupied or Multi-Family, they willl fit your needs.
The Mortgage Team offers competitive pricing, quality service and personnel that are interested in your success.
I highly recommend them for your mortgage needs.
Michael
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