## How Much Will the Bank Loan for a HELOC

A home equity line of credit (HELOC) is a loan against the equity (value minus debt) of your home, it is essentially a second mortgage. Through calculating the equity of your property you can borrow from a lender, up to a certain amount, using your property’s value as collateral. A HELOC can be used for … Read more

## Real Estate Math Formulas: Calculating Transfer Taxes

The math portion of your real estate licensing exam may ask you to calculate the transfer taxes for a sale. In almost all real estate transactions, buyers and sellers must pay taxes to their local counties for every property sale. For buyers, this is often called the recordation tax. For sellers, this is often called … Read more

## Real Estate Math Formulas: Understanding Amortization Factors

One of the main topics on the real estate math licensing exam is understanding amortization factors. Because the actual monthly mortgage payment calculation is very complicated, amortization factors are a quick and easy way to estimate the monthly mortgage payment a buyer will need to make. In many states, the testing center will have an … Read more

## New Udemy Course Just Released! Real Estate Math Made Easy: Pass Your Exam & Make Top Money

EXCLUSIVE DISCOUNT: GET THIS COURSE TODAY FOR ONLY \$10 CLICK HERE   Learn basic and advanced real estate math concepts you need to: pass your real estate licensing exam become a successful real estate agent understand the math behind real estate transactions Get Over Your Math Anxiety and Succeed In Real Estate At the end … Read more

## What Happens If My Property Doesn’t Appraise?

As a real estate agent you may have problems with your property not appraising, especially if it is a hot market. Prices may be rising, but appraisers may only go on previous (lower) sales. So what does this mean for your buyers? Let’s take a look at the real estate math behind your appraisal options. … Read more

## The Real Estate Math Behind Buying Versus Renting

The Wall Street Journal recently published an article indicating that vacancy rates have dropped to 4.7% across the nation, resulting in increases in rents. As a real estate agent, you may have renters that question whether or not it is cheaper for them to rent or to buy. While there are many factors to consider … Read more

## Real Estate Math Concept Explained – Debt to Income Ratios

Debt to Income (DTI) ratios is an important real estate math concept that you will need to know for your real estate licensing exam.  When your buyers are getting a loan, one of the major factors to qualifying for a loan will be their debt to income ratios (DTI).  Here’s what you need to know: … Read more

## Real Estate Math Problem – Calculating Points

When your buyer is getting a loan, their lender will ask them whether or not they want to pay points at closing.  A point is an upfront payment of interest on the loan.  In return for paying points upfront, the lender will offer your buyer a lower interest rate.  For example, a lender could offer … Read more

## Real Estate Math Problem – Proration on HUD-1

One of the most confusing types of real estate math problem you will encounter is determining what portion of expenses the seller and buyer owes. While most of these calculations are taken care of by the settlement company, it is a good idea for any real estate agent to know how it is calculated. Most … Read more

## Real Estate Math Problem – Will the Abrams qualify for a loan?

Check out our latest “Math in a Minute” video – Quick real estate math examples with complete solutions explained. In this episode, we will calculate Debt-To-Income (DTI) ratios that banks will typically look at before determining how much a buyer can afford on a loan.