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Mortgage Calculator
This mortgage calculator can be used
to approximate monthly payments of a home mortgage loan, based on
the home's sale price, the term of the loan desired, buyer's down
payment percentage, and the loan's interest rate. This calculator
factors in PMI (Private Mortgage Insurance) for loans where less than
20% is put as a down payment. Also taken into consideration are the
town property taxes, and their effect on the total monthly mortgage
payment.
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