How Much House Can You Afford?
Attention renters! The shelter you rent may very well be costing you more than the home you could own. How much is that roof over your head really costing you?
Owning Versus Renting Can Make A Significant $$$$$ Difference
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.