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Federal Housing Tax Credit Information

Last year, the new Administration passed a tax credit incentive for first time home buyers. The program has been so popular that the Fed's extended and expanded the program on November 5, 2009. Below you will find a link to the original 2009 program, the revised program with a detailed FAQ, and an article that will assist you in getting a little more information on  what you might be able to do this year if you purchase or sell your personal residence. Just click on the 3 links and your will find all kinds of good info! Don't forget to check with your accountant, too!

 2009 Tax Credit Information

Revised 2009-2010 Tax Credit: Frequently Asked Questions

Article: Federal Tax Credit 2009-2010

 
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Mortgage Loan Calculators

Payment Calculator
Very easy to use and similar to what you've seen all over the web.

Multi-Payment Calculator
Allows you to calculate several different loans at once so you can compare payments.

PITI Calculator
Adds taxes and insurance to your mortgage payment. Useful because this is how your lender calculates your monthly housing costs to determine your qualifying ratios. If you are impounding your loan, it helps you to know what your total monthly payment will be.

Monthly Mortgage & Down Payment Calculator
Calculate your monthly mortgage payment and down payment.

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