Payment Reverse Engineering

Back into purchase price and loan terms from your target monthly payment.

Target Monthly Payment

Property Tax Rate

Insurance

$/yr

HOA

$/mo

PMI (if <20% down)

$/mo

Interest Rate

Loan Term

yrs

Down Payment

Results

Max Purchase Price —

Max Loan Amount —

Total Monthly PITI —

Total Interest Paid —

Max price at different rates

PITI component distribution

Rate	5% Down	10% Down	15% Down	20% Down