Are you considering multiple different properties with different loan amounts & loan terms? If so, you can use this calculator to get a quick side-by-side view of how much your monthly loan payments will be for different loan durations & loan amounts. Change any input & this calculator will automatically update the totals. You can also generate a printer friendly version of the output report.
By default this calculator allows you to calculate the impacts of insurance, real estate taxes & HOA fees. If you want to calculate the core principal & interest (P&I) payments without these other fees added in you can set the other inputs to zero. If the downpayment amount is 20% or more the PMI field will automatically be calculated as $0.
Mortgage Term Comparison Calculator
Current Mortgage Rates
The following table highlights locally available current mortgage rates.