Mortgage Calculator

Calculate Monthly Mortgage Payments

Wed, 28th June, 2017 - 7:01 am GMT

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About This Calculator

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 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.

Input Your Info Into The Mortgage Calculator:

Purchase & Financing Information
Sale Price of Home:(In Dollars)
Percentage Down:%
Length of Mortgage:years
Annual Interest Rate:%
Explain Calculations: Show me the calculations and amortization
 


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Michael Hudson; Another US Housing Bubble? Economist Michael Hudson explains that even though housing prices are back up at 2008 levels homeownership is at a much lower level and banks have their loans guaranteed by the US government. Ref. Source 8z?

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