Payment Calculator
To calculate monthly payment, fill out the form and click "Calculate".
Purchase Price: *
Dollars
Mortgage Interest Rate: *
Percent
Mortgage Term:
Dollars
Yearly Property Taxes:
Dollars
Yearly Insurance Premium:
Dollars
Include Amortization Table In Results? *
Dollars
Please note that all payments are estimates. Actual payments may vary.
Monthly Taxes and Insurance :
$
Monthly Principal and Interest :
$
Your Total Monthly Payment would be :
$
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Although your monthly payment is fixed, the amounts applied to principal and interest
change as you make your payments. Initially, your payment is applied almost entirely
to the interest you owe. The longer you pay on the loan, the greater the amount
which is applied toward the principal.
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The interest rate substantially influences the amount of your payment.
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