Calculators

Our real estate calculators are designed to help you estimate the financial details of your real estate transaction simply and efficiently. You can find out instantly where you stand on the home you selected.

While we recommend that you consult with a qualified financial advisor before making any important financial decisions, our calculators give you the answers to many real estate questions.

Mortgage Calculator


Price	$	Loan Rate
Down Payment	$	Loan Term
Principal & Interest	$

Affordability Calculator


1. Gross Annual Income	?	$	Total gross combined incomes (before taxes and other deductions) of all parties who will be responsible for the loan.
2. Mortgage Interest Rate	?		Available interest rate.
3. Term of Mortgage	?		Mortgages are generally written for 15 or 30 year terms. Select your desired term.
4. Monthly Obligations	?	$	Total monthly payments for longterm obligations such as installment debts, auto loans, credit cards, child and spousal support, etc.

Affordability Worksheet Result

A.	Monthly Housing Expense and Long Term Obligations	?	This represents 36% of your gross monthly income which lenders usually allocate for principal, interest, taxes and monthly long-term obligations. $
B.	Monthly Housing Expense	?	This was calculated by taking the amount in A above and subtracting your monthly long-term obligations OR 28% of your gross monthly income. The lesser of these two amounts is shown and is the amount lenders determine is remaining to cover the cost of principal, interest, taxes and insurance for your housing payment. $
C.	Monthly Principal and Interest	?	This number was derived by multiplying Line B by 80%. 20% is an estimate of the cost of taxes and insurance, leaving the remaining 80% for principal and interest payments. Taxes and insurance will vary with each property. $
D.	Estimated Mortgage Amount		$
E.	Estimated Affordable Price		$	10% Down
				20% Down

DISCLAIMER: The information provided by this calculator is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Coldwell Banker Pacific Properties.

These calculators will help you determine your monthly mortgage payments for both fixed and adjustable rate loans at various interest rates over 15- and 30-year terms. This is a calculation of principal and interest only. It does not include property taxes, insurance, association dues or other changes.

Calculators

Mortgage Calculator

Affordability Calculator

Affordability Worksheet Result

May We Help You?