Beth Larsen, RE/MAX Sedona-Serving Sedona AZ and the Verde Valley 928-300-6986 
Beth Larsen RE/MAX Sedona
2290 W. SR 89A
Safeway Plaza
Sedona, AZ 86336
Phone: 928-282-4166 x 252 Mobile: 928-300-6986 Fax: 877-282-3808 Email Beth

Know your Numbers - Use these Calculators to determine your Price Range


 
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.

BEFORE you begin looking, arm yourself with this very important piece of information: how much are you COMFORTABLE spending?

An ethical and competent mortgage loan professional will take your comfort zone and personal circumstances into account. Unfortunately, some lenders just want to "make the sale". Just because you CAN qualify for a specific loan scenario doesn't mean that it will be the best fit for you, or that they have taken all of your obligations both personal and financial into account. Only YOU are qualified to make the final determination.

Prepare yourself by using the Mortgage Calculator to determine the price range and monthly payment you are comfortable with. Use the Qualifier to find out how your financial profile stacks up. The Affordability Calculator will help you determine if a home you are considering will work for you. If you are currently renting, use the Rent vs. Buy Calculator to see how much home you could afford based on your current rent. 

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.

Daily National Average Mortgage Rates

Required Fields
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $  
Annual Insurance:  $  
Estimate Insurance to 0.43% of Cost
Annual Property Tax:  $  
Estimate Tax to 1.2% of Cost
Monthly Income:  $
Monthly Debt:  $
Optional Fields
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $
Results
  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:  %