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Mortgage Calculator
This mortgage calculator can be used to estimate 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 less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.Please note that you can change the variables to suite your home mortgage. Note, the results are an ESTIMATE of your home mortgage. |