Glenda Martinez CalBRE Lic. 01520768

Mortgage Calculator

Latest News
New York's multimillion dollar home sales keep soaring
Posted on Thursday November 20, 2014

Billionaires are on a buying spree in New York, with sales of multimillion dollar properties up 120% so far this year, according to CityRealty. And the prices are expected to keep climbing next year.


Justin Bieber's childhood home is for sale
Posted on Tuesday November 18, 2014

Read full story for latest details.


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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