Mortgage Calculator: Figure Out Your Payment
This 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 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.
Our qualified team of agents is well-informed and ready to share all their insider knowledge on mortgages. Check out our team in the About Us section of our site and reach out to begin a conversation.
If you’re looking for an explanation of some basic terminology, check out this helpful resource: What is a Mortgage?