/* Please refer to readme.html for full Instructions Text[...]=[title,text] Style[...]=[TitleColor,TextColor,TitleBgColor,TextBgColor,TitleBgImag,TextBgImag,TitleTextAlign,TextTextAlign, TitleFontFace, TextFontFace, TipPosition, StickyStyle, TitleFontSize, TextFontSize, Width, Height, BorderSize, PadTextArea, CoordinateX , CoordinateY, TransitionNumber, TransitionDuration, TransparencyLevel ,ShadowType, ShadowColor] */ var FiltersEnabled = 1 // if your not going to use transitions or filters in any of the tips set this to 0 Text[0]=["Mortgage Amount","Enter the amount of money you want to borrow. Do not enter a dollar sign.

Minimum: $10,000
Maximum: $1,000,000,000"] Text[1]=["Interest Rate","Enter the interest rate you would like to use for calculating your payment and amortization schedule. Enter the interest rate in a whole number format. For example: 4.56 NOT .0456

Minimum: 2.0
Maximum: 25.0 "] Text[2]=["Amortization Period ","Enter a number representing over how many years you would like to repay your mortgage. The standard is 25 years.

Minimum: 1 Year
Maximum: 35 Years"] Text[3]=["Annual Family Income","Enter the total amount of annual family income you can prove. Enter gross income (before taxes). You must be able to prove your income, by one or more of:
  • t-4 slips
  • pay stubs
  • employment letters
  • financial statements
  • tax assessment notices
  • investment income documentation


    • The proof required may depend on your specific circumstances.

    Minimum: $10,000
    Maximum: $1,000,000"] Text[4]=["Property Tax ","Enter your estimated annual property taxes. These are the taxes for local services, which are either billed directly by your municipality or added to your monthly mortgage payment. You may find this amount on a property listing, it may be estimated by the builder, or indicated by the local municipality.

    If you are Pre Qualifying for a mortgage, please estimate the property taxes.

    Minimum: $100
    Maximum: $50,000 "] Text[5]=["Heat and Condo Fees","Enter the total of your monthly heating costs and half of any applicable monthly condo/maintenance fees. Ask your realtor or your builder to obtain the most likely amount for you, if you are not currently occupying the property. Don't underestimate the high cost of electric and oil heat (often double or triple the cost of natural gas).

    If you are Pre Qualifying for a mortgage, please estimate the amount.

    Minimum: $20
    Maximum: $1,500 "] Text[6]=["Loans/Credit Cards","Enter your minimum monthly payments on loans/credit cards. You should also include personal use property lease payments; alimony and any other legally required payments (at this point exclude other mortgages/secured credit lines etc.).

    Minimum: $0
    Maximum: $5,000 "] Text[7]=["Secondary Financing Payment ","Enter the total monthly amount of all existing loans and mortgages that are or will be registered against the property you are financing/buying. Do not include the first mortgage that you are qualifying for now. For example: second or third mortgage, a secured line of credit.

    Minimum: $0
    Maximum: $5,000 "] Text[8]=["Interest Rate ","Enter the interest rate you would like to use for calculating your payment and amortization schedule. Enter the interest rate in a whole number format. For example: 4.56 NOT .0456

    Minimum: 2.0
    Maximum: 25.0 "] Text[9]=["Payment Frequency ","Select how often you would like to make your mortgage payments. Number of payments per year:

    Monthly: 12 (once a month).

    Semi-Monthly: 24 (twice a month).

    Bi-Weekly: 26 (once every two weeks).

    Weekly: 52 (once a week). "] Text[10]=["Mortgage Payment ","The mortgage payment is the amount the borrower would finance in order to pay off the desired loan. The payment corresponds to the selected frequency.

    Minimum: $1.00 "] Text[11]=["Monthly Shelter Costs ","This is your target monthly payment of principal and interest. Assume, at this point that you qualify.

    Minimum: $ 200
    Maximum: $10,000 "] Text[12]=["Down payment ","Enter the actual down payment you have available. Assume that, if not applied to your home purchase, it could be invested to earn 4% (after tax).

    Minimum: $ 2,000
    Maximum: $1,000,000 "] Text[13]=["Annual Property Taxes ","Estimated annual property taxes billed by municipality.

    Minimum: $ 300
    Maximum: $10,000 "] Text[14]=["Home Value Increase ","The expected average annual increase in property values that you (conservatively) believe will apply to the home you would purchase. "] Text[15]=["Monthly Rent ","Average your expected rent payments. If you would not have to pay any rent (living with parents, etc) please do not change the default of zero.

    Minimum: $ 0
    Maximum: $ 5,000 "] Text[16]=["Years of Comparison ","The length of time you would be prepared to wait before buying (if it made sense financially)."] Text[17]=["Mortgage Amount ","Enter the amount of money you want to borrow. Do not enter a dollar sign.

    You can calculate the maximum mortgage amount you qualify for (based on income and debt) by using the Maximum Mortgage calculator, located in the \"Mortgage Calculator\" section.

    Minimum: $10,000
    Maximum: $1,000,000,000 "] Text[18]=["Years of Comparison ","The length of time you would be prepared to wait before buying (if it made sense financially)."] Text[19]=["Years of Comparison ","The length of time you would be prepared to wait before buying (if it made sense financially)."] Text[20]=["Years of Comparison ","The length of time you would be prepared to wait before buying (if it made sense financially)."] Text[21]=["Years of Comparison ","The length of time you would be prepared to wait before buying (if it made sense financially)."] Style[0]=["white","black","#686A69","#E8E8FF","","","","","","","left","","","",200,"",2,2,10,10,51,1,0,"",""] Style[1]=["white","black","#686A69","#E8E8FF","","","","","","","left","","","",300,"",2,2,10,10,51,1,0,"",""] Style[2]=["white","black","#000099","#E8E8FF","","","","","","","left","","","",200,"",2,2,10,10,"","","","",""] Style[3]=["white","black","#000099","#E8E8FF","","","","","","","float","","","",200,"",2,2,10,10,"","","","",""] Style[4]=["white","black","#000099","#E8E8FF","","","","","","","fixed","","","",200,"",2,2,1,1,"","","","",""] Style[5]=["white","black","#000099","#E8E8FF","","","","","","","","sticky","","",200,"",2,2,10,10,"","","","",""] Style[6]=["white","black","#000099","#E8E8FF","","","","","","","","keep","","",200,"",2,2,10,10,"","","","",""] Style[7]=["white","black","#000099","#E8E8FF","","","","","","","","","","",200,"",2,2,40,10,"","","","",""] Style[8]=["white","black","#000099","#E8E8FF","","","","","","","","","","",200,"",2,2,10,50,"","","","",""] Style[9]=["white","black","#000099","#E8E8FF","","","","","","","","","","",200,"",2,2,10,10,51,0.5,75,"simple","gray"] Style[10]=["white","black","black","white","","","right","","Impact","cursive","center","",3,5,200,150,5,20,10,0,50,1,80,"complex","gray"] Style[11]=["white","black","#000099","#E8E8FF","","","","","","","","","","",200,"",2,2,10,10,51,0.5,45,"simple","gray"] Style[12]=["white","black","#000099","#E8E8FF","","","","","","","","","","",200,"",2,2,10,10,"","","","",""] applyCssFilter()