The Monthly Payment Calculator
Wondering what your monthly mortgage payment would be on your new house? Simply input the basic information and hit click through to your results.
To estimate the property taxes, use 0.60% of the purchase price and for property insurance, use 0.30% of the purchase price.
To estimate private mortgage insurance (PMI), use the following table:
|Down Payment||PMI Factor|
|3% to 4.99%||1.15%|
|5.00% to 9.99%||0.67%|
|10.00% to 14.99%||0.49%|
|15.00% to 19.99%||0.32%|
|20% and greater||0.00%|
If you have any questions, please give us a call at 602-912-0222 or email email@example.com.