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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