Mortgage Calculator
2011-01-25 11:37:27
Home Prices in U.S. Declined 1.6%
Residential real-estate prices dropped in November by the most in a year, signaling housing has yet to join the U.S. rebound.
2011-07-28 11:25:20
Foreclosures fall in most U.S. cities
Foreclosures in most U.S. metro areas fell during the first half of 2011, but it doesn't mean these markets are staging a turnaround.
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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