Today is September 08, 2010
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.
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