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Mortgage
Calculator
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This mortgage
calculator can be used to figure out 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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