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                                                                                           QUALIFYING MONTHLY PAYMENT CALCULATOR

                                                                                                           Purchase Price      $255,000               Annual Income     $65,000
                                                                                                                 Down %          3.50%             Housing Debt Ratio   37.96%
                                                                                                               OR Down $
                                                                                                                                $8,925     3.50%
                                                                                                             Loan Amount      $246,075

                                                                                                                      rate      5.875%
                                                                                                             term (months)          360

                                                                                                     Base Property Tax rate     1.100%
                                                                                   Annual Special Assessments (Mello Roos)       $2,200
                                                                                                         Annual Insurance          $800
                                                                                                             Monthly HOA           $125
                                                                                                               Monthly PMI          $32

                                                                                                                                 Monthly
                                                                                                                  Payment     $1,455.63
                                                                                                                     Taxes     $408.90
                                                                                                                      HOA      $125.00
                                                                                                         Monthly Insurance       $66.67
                                                                                                              Monthly PMI        $32.00

                                                                                              TOTAL MONTHLY PAYMENT           $2,056.20

				
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