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Mortgage Calculator


What will your monthly payment be?

Three factors affect your monthly loan payment: the amount financed, the length of the loan, and the interest rate. One way to lower the monthly cost is to extend the length of the loan. Beware of this strategy, however. A longer length makes a loan more expensive because you will pay more in interest over the life of the obligation. Use the calculator below to figure the monthly payment on a loan.

Loan Amount ($):         (Required)::
Interest Rate (%):         (Required):
Length of Loan (in years):         (Required):
Annual Real Estate/Property Taxes ($):        (Optional):
Annual Home Insurance ($):        (Optional):

Results
Monthly Payment (Principal + Interest) ($):  
Monthly Real Estate/Property Taxes ($): +
Monthly Home Insurance ($): +
Total Payment ($): =
If you need more information about obtaining a mortgage, Contact Us, we know lenders that can answer any questions you might have. This consultation is Free and there is absolutely no obligation.

 

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SR Real Estate Group Rahul and Smitha Ramchandani
Broker-Salesperson/Sales Representative 
55 Madison Ave., Suite 120, Morristown, NJ 07960
www.Morris-Homes.com
Rahul Mobile: 973-615-6504 | Smitha Mobile: 973-953-7777
Office: 973-867-1169
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Site Last Updated: 5/24/2016