Mortgage Calculator

PHP Mortgage Calculator

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.
The actual amounts may vary based on your final loan agreement. These calculations are provided as a basic indication of your financial obligations but are not intended to be the actual costs of your specific mortgage.