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25900 Greenfield Road, Suite# 507
Oak Park, Michigan 48237
Phone 248.968.1979 | Fax 248.968.3631

 
MORTGAGE CALCULATOR
Sale Price of Home: $
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Show me the calculations
& amortization:
 
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 their effect on the total monthly mortgage payment.




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