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Home Payment Calculator

This calculator will help you determine the total monthly payment for your home including mortgage, property taxes and property insurance.


input
Loan Amount $
Loan Length years
Interest Rate %
Property Tax$
Property Insurance$
Home Price $
 

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Calculator Help

This calculator calculates the monthly payment for your home for a given loan amount, interest rate, loan length, property taxes and property insurance.

The results page will show your total monthly payment which includes principal, interest, taxes and insurance (PITI) [?].

Typically if your loan-to-value (LTV) [?] is more than 80%, the lenders will require that you obtain private mortgage insurance (PMI) [?], however this calculator does not account for PMI. The reason is that today many lenders offer alternatives programs like 80:10:10 [?] or 80:20 [?] which do not require you to pay PMI.

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