Mortgage Calculator

Purchase & Financing Information

This mortgage calculator can be used to estimate the monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, 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 property taxes, and their effect on the total monthly mortgage payment.

You must enter a Sale Price of Home, Length of Motgage and Annual Interest Rate

 

Sale Price of Home:

(In Dollars)

Percentage Down:

%

Length of Mortgage:

years

Annual Interest Rate:

%