How Much House Can You Afford?
The mortgage calculator below is your tool to crunch various mortgage scenarios to determine your house payment.
The calculator will automatically factor in the cost of Private Mortgage Insurance (PMI) if you will put less than 20 percent down on the loan. It will also take into account town property taxes.
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.
Contact us for more information about financing your next real estate purchase.