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.
