Scottsdale real estate, Paradise Valley real estate and Phoenix real estate and homes for sale in Arizona, New Construction Homes and Golf Course Properties - Brian Young, REALTOR® Logo, Brian Young REALTOR(r) Scottsdale Home Guide Arizona real estate, Homes and Golf Course Properties - NUMBER1EXPERT™ Logo Brian Young NUMBER1EXPERT(tm) Scottsdale Home Guide Arizona - Scottsdale Home Guide
View Contact Information for Brian Young, Realtor(r) serving Scottsdale, Paradise Valley and Phoenix, AZ in Maricopa County > Pop-Up Window
Click to Email Brian Young, REALTOR(r) serving Scottsdale, Paradise Valley and Phoenix, AZ in Maricopa County
Login
Site Map
Brian Young, REALTORŪ, real estate agent and broker for Scottsdale, Paradise Valley and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)
All Real Estate Brokers are NOT alike! Find out why I am a top real estate expert. Call Me 480-990-SOLD (7653)

School Reports
See the Nation's Top Rated: School Reports - Public, Private & Charter >



Get Free Presentation On My Home Marketing.
Before signing a contract with any Realtor, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >


"Brian sets a new standard for professionalism"
"He places his client's needs above his own, and is a competent and skilled advocate"
Kory Krieger, Scottsdale Insurance Company
Read Quote >
View All Quotes >


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

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Brian Young is one of The Top Selling Real Estate Experts™
Find Out More >

RealEstateABC

Mortgage Calculators: Scottsdale, Paradise Valley and Phoenix Arizona home buying, real estate listings, and homes for sale in Maricopa County, AZ
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...

 

The Best Scottsdale Home Mortgage Calculators On the Web!
 

Please try my Scottsdale Java Home Loan and Scottsdale Home 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. Each financial calculator also includes a View Report option. The mortgage repayment schedule and other reports are fully customizable. These reports are designed for you to print out and keep...
 

Arizona Home Buyers Solution - Down Payment Gift Program

"The One Percent Down Solution"

About the program:

The One Percent Down Solution Gift Program is designed to provide eligible homebuyers a gift of up to 5.5% of the sales price to be applied towards the FHA down payment and/or allowable closing costs for the purchase of a home.

Targeted towards quality affordable housing, approved homebuyers can purchase a home for as little as 1% down payment. The program also allows for the remaining 1% down payment to be gifted from any FHA allowable source.

The program is offered exclusevely through The Lending Company, a Direct Endorsed US Housing and urban Development lender. There is no requirement for the gift to ever be repaid. It is offered in concert with an IRS approved 501(c)(3) non-profit organization.

This is not a seller-paid down-payment assistance program and the seller is not required to participate.

Program Benefits:

  • The program provides up to a 5.5% gift to FHA qualified home buyers
  • Remaining down payment is as low as 1/2%
  • Seller can and is encouraged to contrbute towards the closing costs to further assist the homebuyer
  • Income requirements match FHA guidelines. Maximum allowable income to 215% of the HUD median income as determined by county
  • Competitive interest rates
  • Flexible FHA approval guidelines
  • Not limited to first-time homebuyers
  • Standard FHA appraisal
  • Owner Occupied purchase only
  • 1-4 units allowed
  • FHA approved condominiums allowed
  • Loan limits match FHA guidelines for each county
  • Minimum credit score of 620
  • Successful credit restoration allowed
  • Automated AUS/DU approve/eligible determination required
  • FHA qualified Non-occupant co-borrower/co-signer allowed 
  • No prepayment penalties
  • Must complete approved Home Buyer Counseling Course 


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.



Brian Young, REALTORŪ, real estate agent and broker for Scottsdale, Paradise Valley and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

BRIAN YOUNG PLLC, CDPE - Branch Owner / Manager
DOMINION REAL ESTATE PARTNERS, LLC
6619 N Scottsdale Road
Scottsdale
Arizona 85250
Office: (480) 990 - SOLD (7653)
Direct Line: (602) 405-3949
Toll Free: (800) 520-6692
Brian@ScottsdaleHomeGuide.com

Welcome, and thank you for visiting my web site. Whether you are looking to buy or sell real estate in Phoenix, Scottsdale, Carefree, Cave Creek, Paradise Valley, Fountain Hills or the greater East Valley, please contact me for the most up to date information and advice regarding homes, building lots, new construction homes, golf course properties, luxury homes, gated communities, horse properties, tennis properties and relocation. I am fully commited to providing superior real estate services to my clients.

CDPE Equal Housing MLS REALTOR


www.ScottsdaleHomeGuide.com Your Scottsdale Home Guide is brought to you by Brian Young, DOMINION REAL ESTATE PARTNERS, LLC
NUMBER1EXPERT™ for Scottsdale homes and real estate, Paradise Valley homes and real estate and Phoenix homes and real estate in Arizona. Buying and Selling Building Lots, New Construction, Golf Course Properties Luxury Homes Gated Communities, and Horse Properties.

Read My 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.



Scottsdale Home Guide is brought to you by Brian Young, REALTORŪ, Paradise Valley and Phoenix Arizona















Return to Top > ; Metro Phoenix real estate homes AZ, Scottsdale real estate homes AZ and Paradise Valley real estate homes AZ. Maricopa County Arizona listings, homes for sale, home buying, selling and relocation information, Maricopa County Real Estate Agent. Buying and selling BUILDING LOTS, NEW CONSTRUCTION, GOLF COURSE PROPERTIES, LUXURY HOMES, GATED COMMUNITIES, and HORSE PROPERTIES.