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Rental Housing Prototype & HUD Inc.Restrictions

1.Sale Price 55000
2.Mortgage (Amount or decimal of Price) 0.9909090909
3.Rounding Factor for Mortgage Amount 50
4.Closing Costs ($ or decimal of mortgage) 0.03394495413
5.Closing Prepayments ($ or decimal of mortgage) 0.01499082569
6.Mortgage interest rate (decimal) 0.105
7.Mortgage term (years on which to calculate payment) 30
8.Mortgage insurance premium (decimal of mtge) 0.038
9.Utilities ($/month) 96
10.Maintenance ($/month) 13
11.Property Taxes ($/yr. or millage rate) 1.402597403
12.Assessment Factor as decimal of Sale Price 0.7
13.Millage Rate Factor (100) 100
14.Insurance ($/year) 120
15.Homeowners Association ($/month) 25
16.Affordable Housing % of Income (.3) 0.3
17.Periods per Year (monthly = 12) 12
18.Maximum Number of Persons per Unit 6
19.Household Size 6
20.HUD 80% of median guideline:1 pph 19450
21.HUD 80% of median guideline:2 pph 22200
22.HUD 80% of median guideline:3 pph 24950
23.HUD 80% of median guideline:4 pph 27750
24.HUD 80% of median guideline:5 pph 29500
25.HUD 80% of median guideline:6 pph 31200
26.HUD 80% of median guideline:7 pph 32950
27.HUD 80% of median guideline:8 pph 34700
28.Est. Median Income Census Year (for TBL) 11592
29.Est. Median Income Current Year 16575
30.Total # Households Census Year (+/,-1 0↓TBL) 3614
31.Total # Households Current Year 4314
32.Dist. of 6+ pph to 6 pph 0.5
33.Dist. of 6+ pph to 7 pph 0.3
34.Dist. of 6+ pph to 8 pph 0.2
35.Dist. of 6+ pph to 8+ pph  



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