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.
