Glenda Martinez CalBRE Lic. 01520768

Mortgage Calculator

Latest News
For $65 million, you can buy Miami's most expensive home
Posted on Friday October 17, 2014

Called La Brisa, this 9-bedroom home in Miami's Coconut Grove neighborhood sits on nearly 7 acres with views of the Atlantic Ocean and Biscayne Bay.


One property insurance claim can hike your premiums by hundreds
Posted on Sunday October 19, 2014

File just one property claim to your insurer and you can expect to see your premiums soar by hundreds of dollars in some states.


Are you a homebuying genius?
Posted on Tuesday August 12, 2014

From mortgages to closing costs, test your knowledge of these homebuying essentials.


 

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.

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