financial calculators list

Online Financial Calculators & Amortization

These financial calculators have been updated. If you have questions or concerns regarding these calculators, please call us at (800) 426-4741. Alternatively, email us at info@timevalue.com.

Calculator disclaimer

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

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amortization

You can now create and print an amortization schedule in seconds with TValue Amortization Software.

TCalc™ Mortgage Qualification Estimate

Most lenders base their home loan qualification on both your total monthly gross income and your monthly fixed debt payments. In general, your total monthly housing expenses, including property taxes, mortgage insurance (PMI), and association dues, cannot exceed 28% of your total gross monthly income, and your total debt expense cannot exceed 36% of your total gross monthly income.  To see the most expensive house you would qualify for, enter the information below.

NOTE: This calculator should be used for estimation purposes only.

Income:

Annual gross income: $

Monthly debt expenses:

Minimum monthly credit card payments: $
Car payments: $
Child support: $
Other fixed monthly debt expenses: $

Payment breakdown:

Property tax rate: %
Monthly insurance and other costs: $
Monthly association dues (if any): $

Loan information:

Down payment amount: $
Loan term (months):
Interest rate: %

NOTE: This calculator is for estimation purposes only.

Your gross monthly income is $4,166.67. Your total monthly expenses come to $0.00, leaving you with $4,166.67 each month. Based on these inputs, the highest payment you would qualify for would be 28% of your gross monthly income, $1,166.67.

With this payment, you would be able to finance $115,115.37. If you include your down payment of $10,000.00, you would be able to buy a home worth $125,115.37. Your monthly payment would be broken down as follows:
Principal and interest: $758.15
Property taxes: $208.53
Insurance and other costs: $100.00
Monthly association dues: $100.00
Total: $1,166.68

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