A mortgage calculator is a tool that can be used to determine the monthly payment for a mortgage loan. It typically takes into account the principal loan amount, the interest rate, and the length of the loan (in years). Some mortgage calculators also allow users to input additional information such as property taxes and insurance, to provide a more accurate estimate of the total monthly payment. The calculator can also be used to estimate the total interest paid over the life of the loan and to compare different loan options. It is a useful tool for both borrowers and mortgage lenders to determine affordability and estimate payments.
| Sales Price: $ | |
| Down payment: % | |
| Annual Interest Rate: % | |
| Term (in years): | |
| Annual Taxes: $ | |
| Annual Insurance: $ | |
| Annual HOA Dues: $ | |
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