Elkhorn, Gretna and Omaha real estate and homes for sale in Nebraska, Luxury Homes, High End Homes - Judy Smith Team, REALTOR® REALTOR® Logo - NUMBER1EXPERT™ NUMBER1EXPERT™ Logo
Contact Information
Email Judy Smith Team
Login
Go To Sitemap
Judy Smith Team

Feature Properties
MLS Search
Search My Listings
Luxury Homes
Omaha:
What People Say
Advanced Criteria MLS Search
Interactive Map MLS Search
Luxury Homes MLS Search
Hemisphere Magazine on Omaha

Testimonials
"Thanks so much"
"A+ professional service in my book!"
Augie Rivera
Read Quote >
View All Quotes >

Special Offers
Request Our Free Relocation Package!
Moving your family to another town or state is a major event in your life! We have helped many families and individuals relocate!
Find Out More >
View All Offers >

All agents are NOT alike! Find out why we are top real estate experts. Call us: (402) 598-3678.

TripleCalc
Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Judy Smith Team is one of The Top Selling Real Estate Experts™
Find Out More >





School Reports
See the nation's top rated reports for Schools in Elkhorn, Gretna and Omaha >


Latest Listings
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Name:
Email:
Affiliates
Coming Soon
Find Out More >

Latest News
Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need my eNewsletter.
Name:
Email:
Mortgage Calculators
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...

The Best Mortgage Calculators On the Web! 

Please try our Java loan and mortgage calculators. They take a minute to load, but they are worth it! 

Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Try each calculator with different interest rates, loan amounts, and payment schedules. 

The mortgage repayment schedule and other reports are fully customizable - just for your home, your interest rate, your loan amount, your taxes, and more. 

Would you like a print out, for your records and future reference? Each calculator includes a View Report button. Click it, hit print, and you have a report, customized just for you... 

What's Your Maximum Mortgage?

What is your maximum mortgage? That largely depends on your income and current monthly debt payments. This calculator collects these important variables and determines your maximum monthly housing payment and the resulting mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Monthly income
Total monthly income from all sources. All income should be entered before taxes.

Monthly housing expenses
Your monthly houses expenses from the housing expenses worksheet. The items entered as housing expenses make up the taxes and insurance portion of your monthly PITI payment.

Monthly liabilities
Your monthly liabilities from the liabilities worksheet. Your monthly liabilities are used to calculate your maximum PITI.

Monthly housing payment (PITI)
This is your total Principal, Interest, Tax and Insurance (PITI) payment per month. This includes your principal, interest, real estate taxes, hazard insurance, association dues or fees and principal mortgage insurance (PMI). Maximum monthly payment (PITI) is calculated by taking the lower of these two calculations:

  1. Monthly Income X 28% = monthly PITI
  2. Monthly Income X 36% - Other loan payments = monthly PITI

Maximum principal and interest (PI)
This is your maximum monthly principal and interest payment. It is calculated by subtracting your monthly taxes and insurance from your monthly PITI payment. This calculator uses your maximum PI payment to determine the mortgage amount that you could qualify for.

Start interest rates at
The current interest rate you could receive on your mortgage. This is used as the starting point for displaying a range of interest rates and the resulting mortgage amount.

Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.



School Reports in Elkhorn, Gretna and Omaha, Nebraska
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
- America's Best School Profiles by
The Heritage Foundation

Nebraska Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Elkhorn, Gretna and Omaha 



Real Estate Tips
Buying Land and New Construction >Beware of Fat Clay

When building a home, you should have the soil on the construction site tested for plasticity to determine how it will change under different moisture conditions. This is important because some soil is so "plastic" that (if the condition is not corrected) it can actually break concrete floors, crack the walls and destroy the foundation of your home. Highly plastic soil is sometimes referred to as "fat clay" that swells excessively and loses stability when it becomes wet. Fine-grained soils that contain a high percentage of clay are greatly affected by water, turning to mud when it rains and undergoing large volume changes-sometimes up to 40 or 50 percent, as the soil dries. Not only do clays swell and lose stability when they become wet, but they also retard the drainage of water. If plastic soil is found on your building site, the ground must be over-excavated and replaced with clean gravel. Homebuilders often choose not to include a basement, or to protect the basement walls from excess moisture by surrounding them with a layer of gravel. A fine-grained clay-filled soil with a high plasticity index may require considerable treatment, especially if used in a moist location.

See All Tips In The "Buying Land and New Construction" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What architectural detail made its way into the design of many suburban homes built in the 1950s, 60s and 70s?

A 
The picture window was a signature of the suburban American neighborhood.
See More Real Estate Trivia >


Print This Page Send To A Friend


Judy Smith Team, REALTOR®, real estate agents and broker for Elkhorn, Gretna and Omaha, Nebraska home listings, property and land for sale - NUMBER1EXPERT(tm)

Judy Smith Team
RE/MAX Professionals

7022 N. 102nd Circle
Omaha, NE 68122
Phone: (402) 598-3678
Fax: (402) 934-4199
Toll Free: (866) 940-7767
Email: judysmith@NUMBER1EXPERT.com

Our reputation is built on exceeding our clients' expectations. Our team of real estate experts offer exceptional service whether you are a luxury home buyer, first-time home-buyer or new construction buyer. Sellers, we provide an outstanding marketing package that is second to none. Contact The Judy Smith Team to find out how we can help you find your dream home or successfully sell your current property.

CRS ABR CBR CRB wcr


Luxury home logo

Performance mgmt network logo

New Home Specialist logo

New Home Specialist logo
Certified Luxury Home Marketing Specialist
CRS
Remax

CRS

www.Moving2omaha.com is brought to you by Judy Smith Team
NUMBER1EXPERT™ in real estate for Elkhorn, Gretna and Omaha, Nebraska, Luxury Homes, High End Homes

Read Judy Smith Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge



USA and Canada Real Estate - NUMBER1EXPERT
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.Moving2omaha.com is brought to you by Judy Smith Team