The loan amount, the interest rate, and the term of the mortgage can have a dramatic effect
on the total amount you will eventually pay for the property. Further,
mortgage payments typically will include monthly allocations of property taxes, hazard insurance,
and (if applicable) private mortgage insurance (PMI). Use our mortgage calculator to see the
impact of these variables along with an amortization schedule. Accurately calculating your mortgage
can be a critical first step when determining your budget.
Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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