 
Use this mortgage calculator to figure out
monthly payments of a home
mortgage loan
based on:
1) The home's sale price.
2) The term of the loan desired.
3) Buyer's down payment percentage.
4) 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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