What does it cost ~ Can I afford it?

Today, I thought it wise to add several tools to assist those of you on my blog in calculating the cost and affordability of purchasing real estate here in the Greater Mount Desert Island area. These calculators will quickly provide you with a snapshot of what is affordable for you based on your income, debt [...]

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• Affordability Calculator

  Monthly Gross Income	$
  Monthly Debt Expenses [?] Monthly Debt and Obligations Should Include: Monthly Credit Card Payments Monthly Auto Payments Monthly Child Support Monthly Association Fees Other Monthly Obligations, but NOT utility bills.	$
  Down Payment:	$
  Interest Rate:	%

• Mortgage Calculator

  Price of Home	$
  Down Payment		%
  Mortgage Term		yrs
  Interest Rate		%
  Monthly Payment	$

• Closing Cost Estimator

  Loan Information
  Loan Amount	$
  View/Edit Closing Cost Details

  Traditional Closing Expenses
  Discount Points
  Origination Fee	%
  Lender Processing Fees	$
  Credit Report	$
  Appraisal	$
  Title Insurance	$
  Reconveyance Fee	$
  Recording Fee	$
  Wire and Courier Fees	$
  Endorsement Fee	$
  Title Closing Fee	$
  Title Document Prep Fee	$
  Other Fees	$