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Steve Rottler
Steve Rottler 12600 E Arapahoe Road, Unit B Englewood, CO 80112
Cell: 303.888.2288
Work Phone: 303.743.9344
 
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How Much Can You Afford?


To give you a general idea of how much you can afford, our calculator will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

A mortgage professional will give you a much clearer and complete picture of your financial abilities with regard to your specific mortgage situation.  I have several lenders that I work closely with if you do not have someone in mind.

If you have any questions, please don't hesitate to contact me.

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Estimate Insurance to of Cost
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Estimate Tax to of Cost
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Results
Receive Detailed Analysis  Receive this Detailed Analysis

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:
Income Needed to Qualify for the Mortgage
Total Monthly Loan Payment:
Total Monthly Debt Payment:
Monthly Loan Insurance (%):
Qualifying Income of % GDS Ratio:
Qualifying Income of % TDS Ratio:
What You Can Afford
We are using the % ratio.
Cost of House:
Down Payment:
Loan Value:
Monthly Principal & Interest:
Monthly Insurance:
Monthly Property Tax:
Monthly Condo Fees:
 
Cost of House = [(Monthly income x Debt Ratio) –
monthly tax – monthly insurance – condo fee] /
(monthly interest rate/ function of interest rate)
Renting
Monthly Rent: $
Annual Rental Increases:  %
Monthly Renter Insurance: $
Savings or Investment Rate:  %
 
Owning
Planned # of years in home: 
Yearly appreciation of the home:  %
Annual home maintenance:  %