Montclair, Upper Montclair, Glen Ridge and West Orange real estate, luxury properties and unique homes for sale in New Jersey - Roberta Baldwin, REALTOR® Roberta Baldwin REALTOR(r) for real estate, luxury properties and unique homes, in Montclair, Upper Montclair, Glen Ridge and West Orange New Jersey real estate - NUMBER1EXPERT™ Roberta Baldwin NUMBER1EXPERT(tm) for real estate, luxury properties and unique homes, in Montclair, Upper Montclair, Glen Ridge and West Orange New Jersey real estate
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Mortgage Calculators: Montclair, Upper Montclair, Glen Ridge and West Orange New Jersey home buying, real estate listings, and homes for sale in Essex                          County, NJ
Welcome > Resources > Mortgage Calculators > Monthly Payments & Schedule ...


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. 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...
 

How Much Should Your Income Be?

What income is required to qualify for a mortgage? That largely depends on your monthly debt payments and the current interest rate. This calculator collects these important variables and determines your required income to qualify for your desired mortgage amount.

This Financial Calculator requires a Browser with Java Support



Definitions

Desired mortgage amount
The total loan amount you are looking to qualify for.

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.




Roberta Baldwin, REALTOR®, real estate agent and broker for Montclair, Upper Montclair, Glen Ridge and West Orange New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Roberta Plutzik Baldwin
RE/MAX Village Square

516 Valley Road
Upper Montclair
New Jersey 07043
Office: 973-509-2222 x 104
Cell: 973-420-9043
Fax: 973-509-7779
robertabaldwin@verizon.net
RPBPhoenix@aol.com

Over the past decade plus, Roberta Baldwin has become one of Essex County's most respected real estate professionals, often quoted in the national media and, in 2007, a featured Realtor on the HGTV show "Bought & Sold". In 2007, The Baldwin Dream Team was a Top 3 RE/MAX team statewide, dollar volume. In 2006 & 2007, The Baldwin Dream Team ranked among the Top 2 producers in RE/MAX Village Square's 5-office network in Essex County, NJ and nationally at the coveted Chairman's Club service level. A recipient of the New Jersey Association of Realtors® Circle of Excellence Sales Award for the past 11 years, Roberta brings a myriad of talents to the job of helping her clients buy and sell homes. In 2003, she was named "Realtor of the Year" by the West Essex Board of Realtors. An award-winning former journalist, author, newspaper editor, marketing and publishing executive, her well-honed organizational, creative, and people skills are brought to bear on every deal she negotiates. She specializes in “staging homes” to give them a marketplace edge and, a such, has been the subject of feature articles in the New York Times, Star Ledger and other area newspapers. As past chair of the West Essex Board of Realtors’ Community Service Committee, she developed Library in a Box, an innovative, award-winning community literacy project bringing new children’s books to area daycare centers and also launched the now-annual "Just Sweaters" campaign for the WEBOR, spearheading the collection of warm garments for charity. A native of Rochester, NY, Roberta is Essex County, NJ's only top real estate producer who has also produced an off-Broadway musical, called (appropriately enough) “Suburb”. As the official biographer of singer Lionel Richie, in late 2004 she appeared as a 'talking head' on E!Entertainment's bio of the Richie family. Roberta is married to biographer and historian Neil Baldwin (please visit him at www.neilbaldwinbooks.com!) They have two grown children -- Allegra, a young executive in the fashion industry, and Nick, a member of The Baldwin Dream Team -- who grew up happily in Montclair and Glen Ridge after spending their earliest years in Brooklyn Heights, NY. In early 2004, Roberta welcomed longtime Montclair resident Tamima Friedman to her real estate team. You may access Tamima and the rest of the team's bios on the "About Me" tab, in the "My Associates Page" at the top of this website's Home Page. Tamima, a former freelance writer and home renovator, spent a decade in the Far East before relocating to Montclair, NJ. The Baldwin Team grew again in 2005, as Nancy S. Chu came to us with a wonderful combination of administrative acumen and creative talent. Nancy was an administrator at NYU Medical Center and a highly-regarded NY theater director prior to joining RE/MAX. She speaks Mandarin Chinese. In 2007, Sidney Simon relocated from Atlanta to join the team after a career career in human resources; Nick Baldwin segued from his personal training business to cover our rental and condo buyers, and Sam Anderson, a well-known local Realtor, became our transaction coordinator and investment and multi-family specialist. The team welcomes buyers from the world over to email or call them to discuss living in Essex County's beautiful towns; local residents are invited to experience the professionalism of The Baldwin Dream Team when they are ready to sell their homes. We are at your service!

MLSRELOREALTOREqual Housing


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