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Calculate Your Mortgage
Here's an easy way to determine what you can afford!
1. Enter the
Sales Price
(or value) of your home
2. Enter what you will be putting as a
Down Payment
3. Enter the
length
of your loan and the
Interest Rate
The remainder of the calculations will default to the specified amounts if you put
nothing
in the box. If the amount is zero, put 0 in the box
Click on the "Calculate" button to show the approximate amount of your monthly payments
SALES PRICE ($)
Down Payment ($)
Loan Amount ($) - CALCULATED
Loan Length, Years (default at 30 years)
Interest Rate (default at 7.50%)
Yearly Property Taxes (default at 1.25%)
Yearly Homeowner's Insurance (default at .3%)
Monthly Association Fee (default at $100)
Would you like to see amortization tables for your loan?
Yes
No
Results
& Explanation:
Principal and Interest
Taxes and Insurance
Mortgage Insurance
Association Fees
Total Monthly Payment
665.30
161.46
100.00
926.76
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