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Local Expertise, Global Connections

We speak your language. Our staff is fluent in Spanish, Russian, Hebrew, Ukrainian and Yiddish.
1838 Coney Island Avenue
(Corner of O and Coney Island)
Brooklyn, NY 11230
Call us at: 718-627-8800

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header Home arrow Buy arrow Mortgage Calculator
 
Mortgage Calculator Sponsored by Approved Funding Mortgage Bankers

Mortgage Calculator


Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



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.

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