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Over 25 years of mortgage experience, ready to walk you through your numbers in 3 minutes.

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Let Joe's Avatar Guide You Through Your Numbers

Start a conversation with Joe's AI avatar. He'll walk you through the calculator, explain what the numbers mean, and help you find the best scenario for your situation.

3-minute session
NMLS #273084
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Your Financial Picture

Before taxes (gross income)

$30,000$500,000

Car payments, student loans, credit cards, etc.

$0$5,000
$0$500,000

Current market rate or rate you expect

3.000%12.000%

Calculations use the 28/36 rule: housing costs should not exceed 28% of gross income, and total debts should not exceed 36%. Property tax estimated at 1.2% and insurance at 0.35% of home value annually.

Stretched

At the edge of recommended limits

Maximum Home Price

$331,097

Maximum Loan

$271,097

Est. Monthly Payment

$2,333

Debt-to-Income Ratios

Front-End (Housing)28.0%
Housing costs vs incomeTarget: 28%
Back-End (Total Debt)34.0%
All debts vs incomeTarget: 36%

Monthly Payment Breakdown

Principal & Interest$1,714
Property Tax$331
Insurance$97
PMI$192
Total$2,333

Insights & Recommendations

With less than 20% down, you'll pay PMI (about $192/month). Increasing your down payment can eliminate this cost.

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See what rates you actually qualify for based on your credit and finances.

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