Sand Key Realty

Budget Calculator

Calculate interest only mortgage payments by inserting the appropriate loan values in the calculator fields below. The monthly savings on interest only loans may be significant compared to traditional fixed rate mortgages so you owe it to yourself to learn more about the benefits & risks of interest only home loan programs.

Term (Yrs.):		Interest Rate:		Loan Amount:
Annual Taxes:		Annual Insurance:

Resulting Payments

Monthly Principal and Interest	$
Monthly Taxes	$
Monthly Insurance	$
Total Payment	$

Disclaimer: Every home loan is different and the terms of your note or the terms of the loan you are searching for may use a different method of calculating your mortgage payment than the calculators above. This tool is provided purely for comparative reasons and may / may not reflect the actual payments of your loan. It is imperative you consult with a mortgage professional or your existing lender for exact payment figures. We are not responsible for any typographical errors, omissions or mistakes. Not every applicant qualifies nor is every program available for each unique borrower.

Step 2 - Monthly Income

Your Monthly Take Home Pay

Spouse's Gross Monthly Pay
(Before Taxes and Deductions)

Spouse's Monthly Take Home Pay

(Take Home Pay is Net pay plus any loans
automatically deducted from your pay check. Mortgage, Auto, etc.)

Other Monthly Income

Total Monthly Take Home Pay:

Step 3 - Monthly Expenses

Housing
Rent & Mortgage 1	$	2nd Mortgage	$
Condo & Homeowner's Fees	$	Home & Renters Insurance	$
Property Taxes	$	Home Repairs & Maintenance	$
Electric & Gas	$	Water & Sewer	$
Phone & Cell	$	Cable & Internet	$
Transportation:
Car Payment 1	$	Car Payment 2	$
Car Insurance	$	Gasoline	$
Car Maintenance	$	Parking/Tolls	$
Food and Personal:
Groceries & Household Supplies	$	Clothing for Family	$
Meals Out	$	School Lunches	$
Barber & Beauty Shop	$	Dry Cleaning & Laundry	$
Tobacco & Alcohol	$	Newspaper & Magazines	$
Health and Education:
Health Insurance & Co-Pay	$	Prescriptions	$
Life Insurance	$	School Supplies	$
Student Loan	$	College Tuition	$
Child Care	$	Child Support	$
Other:
Hobbies & Sports	$	Pet Care	$
Church & Charitable Donation	$	Gifts & Holidays	$
Delinquent Tax Payments	$	Other Expenses	$
Total all Credit Cards	$	Total all Store Cards	$

Total Monthly Expenses:

Step 4 - Monthly Surplus or Deficit

Total Monthly Income:	$
Total Monthly Expenses:	$
Monthly Surplus/Deficit(-) :	$