Simple Mortgage Calculator

The following is a simple mortgage payment rate calculator.  Just enter the total price of the home (Purchase Price), the amount you intend to barrow, and change the interest rate (I assume 6.25% which is a reasonable rate) and term of the loan if you like and press calculate.  While the answer is reasonable, it does not reflect the many types of loans available.  But, as a reasonable estimate, its ok.

Mortgage Calculator
Enter Your Details & Click the Calculate Button
Purchase Price $
Loan Amount $
Annual Interest Rate
Term of Loan Years
Number of Payments
P&I $
PMI $
Taxes $
Insurance $
Total Monthly $

Note: To make things simple, I assumed a property tax rate of .009% which is ok for new homes but a little high for resale's.  Also, I assumed home owner's insurance to be $600 which, depending on the price of the home, could be off quite a bit. 

Call me today to discuss your real estate needs. You will be glad you did.

Eric Fernwood
702-358-8884
Eric@ISellLVHomes.com