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Mortgage Calculators
We offer you the following calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.
 
Mortgage Calculators
Glossary of Terms
Different Mortgage Loan Types
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The Selling Process
Refinancing Information
The Woodlands Tax Information
Mortgage Qualification Calculator
This calculator will help you to determine how much house you can afford and/or qualify for.  Begin by clicking in the first entry field and follow the instructions that appear in the Help box.
Gross annual income: Explain/Instruct
Monthly debt payments:
Down payment:
Annual interest rate:
Monthly Private Mortgage Insurance (PMI %):
Monthly insurance:
Annual property tax percentage(%):
Length of the mortgage:
Maximum mortgage payment to income ratio (%):
Maximum debt payments to income ratio (%):
? Downpayment: Explain/Instruct
? Loan Amount:
? Home Price:
? Monthly PMI payment:
? Monthly insurance payment:
? Monthly property tax payment:
? Monthly principal & interest payment (P&I):
? Total monthly cash outflow:

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Gloria & Mike Mechaley
6620 Woodlands Parkway  •  The Woodlands, Texas 77382
Phone: Direct Gloria 281-682-2204  •  Direct Mike 281-682-2203
Office Phone: 281-367-7770  •  Fax: 281-362-2525

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