2006 SAN FRANCISCO INCLUSIONARY ZONING PROGRAM


2006 SAN FRANCISCO INCLUSIONARY ZONING PROGRAM
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2006 Sample Pricing            
             
Current Median Income (4 pers): $91,200          
10 Year Average Interest Rate 6.89%          
Monthly Condo Association Fee $400          
             
             
Monthly Condo Association Fee   400 400 400 400 400
HOUSEHOLD SIZE   ONE TWO THREE FOUR FIVE
MEDIAN INCOME @ 120% $76,600 $87,550 $98,500 $109,450 $118,200
AVAIL FOR HOUSING @ 33% $25,278 $28,892 $32,505 $36,119 $39,006
ANNUAL CONDO FEE   $4,800 $4,800 $4,800 $4,800 $4,800
TAXES @ 1.144 $2,840 $3,341 $3,842 $4,343 $4,743
INSURANCE (CONTENTS)   $0 $0 $0 $0 $0
AVAILABLE FOR P+I   $17,638 $20,751 $23,863 $26,975 $29,463
10 Year Average Interest Rate 6.89          
SUPPORTABLE MORT   $223,406 $262,827 $302,249 $341,670 $373,172
DOWN PAYMENT 10% $24,823 $29,203 $33,583 $37,963 $41,464
AFFORDABLE PRICE   $248,228 $292,030 $335,832 $379,634 $414,635
BEDROOM SIZE   Studio One Two Three Four
Appproximate Price to make equal   $248,228 $292,030 $335,832 $379,634 $414,635
             
             
Monthly Condo Association Fee   400 400 400 400 400
HOUSEHOLD SIZE   ONE TWO THREE FOUR FIVE
MEDIAN INCOME @ 100% $63,850 $72,950 $82,100 $91,200 $98,500
AVAIL FOR HOUSING @ 33% $21,071 $24,074 $27,093 $30,096 $32,505
ANNUAL CONDO FEE   $4,800 $4,800 $4,800 $4,800 $4,800
TAXES @ 1.144 $2,256 $2,673 $3,091 $3,508 $3,842
INSURANCE (CONTENTS)   $0 $0 $0 $0 $0
AVAILABLE FOR P+I   $14,014 $16,601 $19,202 $21,788 $23,863
10 Year Average Interest Rate 6.89          
SUPPORTABLE MORT   $177,504 $210,265 $243,206 $275,968 $302,249
DOWN PAYMENT 10% $19,723 $23,363 $27,023 $30,663 $33,583
AFFORDABLE PRICE   $197,226 $233,628 $270,229 $306,631 $335,832
BEDROOM SIZE   Studio One Two Three Four
Appproximate Price to make equal   $197,226 $233,628 $270,229 $306,631 $335,832
             
             
Monthly Condo Association Fee   400 400 400 400 400
HOUSEHOLD SIZE   ONE TWO THREE FOUR FIVE
MEDIAN INCOME @ 80% $51,100 $58,350 $65,700 $72,950 $78,800
AVAIL FOR HOUSING @ 33% $16,863 $19,256 $21,681 $24,074 $26,004
ANNUAL CONDO FEE   $4,800 $4,800 $4,800 $4,800 $4,800
TAXES @ 1.144 $1,673 $2,005 $2,341 $2,673 $2,940
INSURANCE (CONTENTS)   $0 $0 $0 $0 $0
AVAILABLE FOR P+I   $10,390 $12,451 $14,540 $16,601 $18,264
10 Year Average Interest Rate 6.89          
SUPPORTABLE MORT   $131,602 $157,703 $184,164 $210,265 $231,326
DOWN PAYMENT 10% $14,622 $17,523 $20,463 $23,363 $25,703
AFFORDABLE PRICE   $146,224 $175,225 $204,627 $233,628 $257,029
BEDROOM SIZE   Studio One Two Three Four

 

 

Rev: 6/22/06