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MORTGAGE PAYMENT CALCULATOR

Estimate your monthly mortgage payment using the calculator below. Simply enter the purchase price of the home, loan term, and details about the home loan. Please note that escrow for taxes and insurance is not required for loans with down payments of less than 20 percent. Some of this information may be difficult to determine on your own; please contact a mortgage specialist to review the most accurate monthly mortgage payment for the area you are purchasing.

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Enter the sales price or the amount you plan to offer on a home.

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You can enter a dollar amount or percentage. Some programs allow down payments as low as 3%. Just remember, the more you put down, the less your payment will be.

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We’re using the current average mortgage rate to calculate payments. Your actual interest rate will be determined by your credit score, loan type and other factors.

Choose the length of the loan term you plan to use. Standard loan terms are 15 or 30 years.

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Enter the annual property taxes associated with the home you are purchasing. Many property listings include this information.

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Estimate the annual home insurance costs of the home you are purchasing.

Your estimated
monthly payment is
Principal & Interest
Property Taxes
Home Insurance
PMI
NA
Total Payment
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