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.
What are the Lender Closing Costs?
Application, Appraisal, Credit Report & Processing Fees, Tax Service Fees, Bank Attorney, Escrow Agent Fees, Points
What are the Title Fees?
Title Search, Title Insurance, Mortgage Tax, Survey, Recording Fees
What are the costs of Pre-Paid Items?
Per Diem Interest, Home Owners Insurance, Private Mortgage Insurance
What are the Escrow Expenses?
Real Estate Taxes, Home Owners Insurance
What are the Other Expenses?
Attorney fees, Engineer/Property Inspection, Termite/Pest Inspection
