This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where the down payment is less than 20%. Also taken into consideration are the area property taxes and their effect on the total monthly mortgage payment.
Karen A.Cruff, GRI, Licensed Real Estate Broker... and the Bold City Realty Team Web design by MagicAngel.net Copyright 2007