Ravi Patel
NMLS #328529
6551 Harrison Avenue
Cincinnati, OH 45247
(513) 598-5900 - Office
(513) 598-5153 - Fax
www.NKYHomeLoans.com
RPatel@OptionFinancial.com
www.Facebook.com/NKYHomeLoans

Housing Payment/Net Cost and Qualification Calculator
Sales Price
$200,000
Down Payment %
20%
Loan Amount
-
Total Monthly Payment
-
Rate/APR
5.00%
5.15%
Term
Taxes
$3,000
Insurance
-
Condo/Co-op
$0.00
MI Factor
SP/UFMIP
Click to Open Net Cost Screen Click to Open Qualification Screen
Net Cost Analysis Factors
Adjust your Marginal Tax Bracket
28.00%
Tax Savings on Mortgage Interest  
-
Tax Savings on Real Estate Taxes  
-
Tax Savings on Condo/Co-op or HOA Fee
Deductible Percentage =
-
Adjust the expected Rate of Appreciation
3.00%
Net Cost Results
Total Payment
-
Principal
-
Tax Savings
-
Appreciation
-
=
Net Payment


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This information does not constitute an application nor a Good Faith Estimate. Every effort has been made to assure the accuracy of the information and mathematical calculations provided by these calculators however, the provider, makes no guarantee and maintains no liability for use of or reliance upon the results. These calculations represent "what if" scenarios, are educational in nature and where projections are illustrated, they are not intended to predict future performance of the markets and/or specific properties. Option Financial, LLC (NMLS #2380) a subsidiary of New Foundation Savings Bank (NMLS # 487896)

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