Crystal City, Fairfax and Loudoun real estate and homes for sale in Virginia - Mohamud Ali, REALTOR® Mohamud Ali REALTOR(r) for Crystal City, Fairfax and Loudoun, Virginia real estate - NUMBER1EXPERT™ Mohamud Ali NUMBER1EXPERT(tm) for Crystal City, Fairfax and Loudoun, Virginia real estate
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Mohamud Ali, REALTOR®, real estate agent and broker for Crystal City, Fairfax and Loudoun Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)
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Mortgage Calculators: Crystal City, Fairfax and Loudoun Virginia home buying, real estate listings, and homes for sale in Fairfax and Loudoun County, VA
Welcome > Resources > Mortgage Calculators > Your Maximum Mortgage ...


The Best Mortgage Calculators On the Web! 

Please try my 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.




Mohamud Ali, REALTOR®, real estate agent and broker for Crystal City, Fairfax and Loudoun Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Mohamud Ali
Long & Foster Real Estate

1831 Wiehle Ave
Reston, VA 20190
Office: 703 437-3800
Fax: 703 478-2930
Email: mohamudali@NUMBER1EXPERT.com

Mohamud Ali began his first real estate venture working as a property manager with Charles E. Smith Real Estate Companies. After working for the Smith Companies for 12 years, he began managing both Residential and Commercial Properties in Crystal City, Arlington. After his successful ventures, he decided to change gears and began working for Long and Foster in 1998, quickly rising to become one of the most prosperous and leading realtors in the area. He has been awarded with the impressive Top 1% in Nationwide Sales Award, and is in many prestigious clubs including the NVAR Top Producers Club, the 20 Million+ Club, and in 2004, he made it into the prestigious Masters Club. He is also an accredited buyer agent. In one year alone, he grossed over 28 million dollars in sales. For years people have turned to Mohamud Ali, a graduate from BOMI, when the time comes to make a move in Virginia. His deep commitment to the area and its residents show in the way he goes the extra mile to ensure his clients home sale or a purchase be a successful one. At the end of the transaction with Mohamud, clients agree it's his genuine caring of their needs that make him one of the top agents in his area and top 1% nationwide. He is married to his lovely wife Amal, a general dentist who owns the successful Diamond Dental Care, and has three children, Farrah, Zachary, and Hannah. Mohamud's slogan is: "I Never Stop Working for You!”

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Long & Foster Real Estate real estate and homes for sale in Crystal City, Fairfax and Loudoun Virginia

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