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.

Fill in the values below and click the CALCULATE button to get an idea of how the financing of your home might look

Sale price: $
Percent down:    %
Interest rate:    %
Loan Term:    years

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