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Mortgage Calculator

This mortgage calculator can be used to figure out estimated monthly home mortgage payments based on the home's sale price, the term of the loan desired, the buyer's down payment percentage and the interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are estimated property taxes and their effect on the total monthly mortgage payment. Please note that homeowner's insurance is not included in this estimated payment but should be considered in order to determine your anticipated monthly mortgage payment.


Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 




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