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.
