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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 property taxes and their effect on the total monthly mortgage payment.
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| Purchase and Financing Information |
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