This mortgage calculator is one of our tools meant to help you calculate your monthly mortgage payment. You’ll need to enter the approximate purchase price, down payment, the term of the loan, interest rate, property taxes, home insurance, and private mortgage insurance as applicable, as indicated in the mortgage calculator below, and then click on the calculate button. You should also be sure to account for other costs associated with purchasing a home in order to get an accurate estimate of your monthly payments.
Mortgage insurance is required when putting less than a 20% down payment, which will result in a higher monthly mortgage payment. The results from this mortgage calculator are estimates, please contact your mortgage lender for a more accurate monthly payment estimate.
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