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Mortgage Calculator

Latest News
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London's houses and apartments are now worth $2.2 trillion. That's as much as Brazil's GDP.


What to do with a dying neighborhood
Posted on Wednesday January 21, 2015

Covington, Ga., decided not to let a half-completed development sit empty. But not everyone supports the city's solution.


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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