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Purchase 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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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 property taxes, and their effect on the total monthly mortgage payment, and homeowner's insurance.

Massachusetts Lenders Licenses: MA license MC2056, MA license MC3221
Rhode Island Licensed Lender / Broker
Connecticut Licensed Lender / Broker
Florida Licenseed Lender / Broker

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