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Mortgage Calculator

July 1st, 2009 No comments

Purchase & Financing Information

Sale Price of Home: (dollars)
Percentage Down: %
Mortgage Interest Rate: %
Length of Mortgage: years
Assessed Home Value: (dollars)

The assessed value is used to compute property taxes.
On average, properties are assessed at about 85% of their
selling price. If you know the actual assessed value for
this property, enter it here. If not, leave zero
and we’ll use 85% of the sale price.

Property Tax Rate: (dollars per $1000)

Property tax rates vary between states and towns. The US average is about $13.80 for every $1000 of the assessed home value.

Condo/Monthly Fee(s): (dollars)
Explain Calculations: Show the calculations and amortization
 

This mortgage calculator can be used to figure out monthly payments of a
home mortgage loan. This calculator automatically factors in
PMI for loans
where less than 20% is put as a down payment. Also taken into
consideration are the town property taxes based on the mortgaged
property’s assessed valued.





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Categories: Tags: Amortization, Amp, Calculator Mortgage, Home Mortgage Loan, Insurance, Interest Calculator, Interest Rate, Mortgage Calculator, mortgage information, Mortgage Interest, Mortgage Loans, Mortgage Payment, Pmi Insurance, Pmi Mortgage, Private Insurance, Private Loans, Private Mortgage Insurance, Property Taxes, Rate Calculator