How Much House Can You Afford?
You can easily estimate payments on your monthly mortgage loan using this mortgage calculator. The calculation is based on the home’s sale price, the length of the loan, percentage of down payment, and the loan’s interest rate. For loans where less than 20% is put down, PMI (Private Mortgage Insurance) is also taken into account, as well as the town’s property taxes.
Contact us for more information about financing your next real estate purchase.