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.
Looking for Free, Professional Guidance on Financing Options?
While this calculator can provide general guidance, interest rates change daily and there are numerous loan programs available for home buyers that may require as little as 3.5% down.
If you would like to receive more information on availabe mortgage options tailored to your specific needs, contact Nicholas Ballard, Mortgage Advisor at Pinnacle Capital Corporation, at 415-453-6200 for a no-obligation consultation:Nicholas Ballard
Pinnacle Capital Mortgage Corporation