Wednesday, September 26, 2007

Subprime: Big talk, little help

NEW York (CNNMoney.com) -- The loud-hailer message from the authorities to mortgage loaners have been: Bend. Bash what you can to assist struggling homeowners.

The message to troubled householders have been: Call your lender. You may be able to work something out. Home Affordability

See where you max out

Gross yearly income:

$

Downpayment amount:

$

Monthly debt:(eg. pupil loan, recognition card payments)

$

Mortgage rate:

%

Annual place taxes:

$

Annual householder insurance:

$

Results

CONSERVATIVE

AGGRESSIVE

Minimum house price:

$

Loan amount:

$

Monthly mortgage payment:

$

Taxes/homeowner insurance:

$

Total monthly payment:

$

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