Kirkwood, Town & Country and Des Peres real estate and homes for sale in Missouri, new construction, investment properties - Mary Lewis and Eddie Thompson, REALTORS® Mary Lewis and Eddie Thompson REALTORS(r) for Kirkwood, Town & Country and Des Peres, Missouri real estate, new construction, investment properties - NUMBER1EXPERTS™ Mary Lewis and Eddie Thompson NUMBER1EXPERTS(tm) for Kirkwood, Town & Country and Des Peres, Missouri real estate, new construction, investment properties
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Mary Lewis and Eddie Thompson, REALTORŪ, real estate agents and broker for Kirkwood, Town & Country and Des Peres Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

All agents are NOT alike! Find out why we are top real estate experts. Call us: 314-409-2042.


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Mortgage Calculators: Kirkwood, Town & Country and Des Peres Missouri home buying, real estate listings, and homes for sale in St. Louis County, MO
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.




Mary Lewis and Eddie Thompson, REALTORŪ, real estate agents and broker for Kirkwood, Town & Country and Des Peres Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Mary Lewis and Eddie Thompson
Mary Lewis Realty

1234 Takara Court
Town and Country, MO. 63131
314 409 2042
636 795 0395
Fax: 314 878 5547
Email: marylewis@NUMBER1EXPERT.com

We are about offering our affordable, personal service throughout the real estate transaction. We are focused on the one-to-one personal relationship with each client with whom we work. Feedback has shown us that clients prefer to work with a single person who has daily impact on the successful outcome and who can address specific situations in context as they develop. Mary Lewis is an experienced broker and entrepreneur as well as a native St. Louisan, mother of four grown sons , one of whom is a custom home builder in the Town& Country, Kirkwood area. She owned developed and sold her own manufacturing company in the Specialty Toy industry before plunging into the real estate world. As a native St. Louisan, it just "made sense" to continue to introduce St. Louis to relocated families from other states, as well as to provide new housing opportunities to local families. Whether the client is looking to relocate, build new or search for investment property, we have the necessary experience to provide success.

Equal HousingMLSREALTOR


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