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Bits of Advice |
If someone tells you no, find someone else who will tell you yes. Even if it takes 10 someone elses. You can almost always find a yes in real estate. |
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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 home insurance cost, and their effect on the total monthly mortgage payment.
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