YourMortgageCalculator.com Helps in calculating monthly payments of a home mortgage loan

Title

Mortgage Calculator

Description

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.

Languages

English

Additional Information

If you’re having trouble meeting your mortgage payments you’re not alone. When buyers take advantage of low adjustable interest loans to buy their homes, there’s sure to be a high rate of mortgage delinquency when repayment schedules change and the housing market tanks. But don’t despair of losing your home – just make sure you take action quickly.

http://www.ehow.com/how_2045635_avoid-trouble-mortgage-payments.html

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