Use this handy mortgage calculator to estimate your monthly payments. Input your estimated mortgage
amount (cost of the home minus your down payment), then enter the home's estimated yearly taxes and your
estimated yearly homeowner's insurance premium.
Base Payment:
Loan Term:
+Tax:
Interest Rate:
+Insurance:
Yearly Tax:
.................................................
Yearly Insurance:
Monthly Payment:
If you don't know the annual property taxes of
the home or the amount of your homeowner's insurance premium,
you can leave those fields blank, and your monthly payment will
be based only on your mortgage payment. To estimate your taxes,
go to the Community
portion of this site and choose the town or city in which you
are purchasing your home, then click on taxes for more information.
This will give you the property tax percentage that you can apply
to your home. (Note: if you're using a browser that's unable to
read Java, click here
to go to an alternate mortgage calculator.)