This loan calculator will help you get an estimate of the monthly payments for a mortage loan, based on the loan amount, months of repayment and interest rate. The estimated monthly payment will include principal, interest, homeowners insurance and property taxes.
- 15 and 30 year repayments are most common. A 15 year mortgage is equal to 180 months and a 30 year mortgage is equal to 360 months.
- To find average home insurance rates in your area visit => https://www.insurance.com/average-home-insurance-rates
- To find the average property tax for homes in your state visit => https://www.fizber.com/propertytax/