Mortgage Calculator

Purchase & Financing Information

Sale Price of Home:	(dollars)
Percentage Down:	%
Mortgage Interest Rate:	%
Length of Mortgage:	years
Assessed Home Value:	(dollars) The assessed value is used to compute property taxes. On average, properties are assessed at about 85% of their selling price. If you know the actual assessed value for this property, enter it here. If not, leave zero and we'll use 85% of the sale price.
Property Tax Rate:	(dollars per $1000) Property tax rates vary between states and towns. The US average is about $13.80 for every $1000 of the assessed home value.
Condo/Monthly Fee(s):	(dollars)
Explain Calculations:	Show the calculations and amortization

This mortgage calculator can be used to estimate monthly payments of a home mortgage loan. This calculator automatically factors in PMI for loans where less than 20% is put as a down payment. Also taken into consideration are the city/town property taxes based on the mortgaged property's assessed valued.

Contact Information

Erin Hill
Cell Phone: 859-312-3554
Office Phone: 859-219-1185
Office Fax: 859-296-4342
erin.hill@erawoods.com
Contact Me Now »
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©2012 Erin Hill. All rights reserved. Cell Phone: 859-312-3554
Brian Hatfield, Principal Broker | ERA Woods Real Estate Group, 1010 Monarch Street Suite110, Lexington, KY 40513 | tel. 859-219-1185 fax 859-296-4342 | Equal Housing Realtor
Each ERA® Office Is Independently Owned and Operated
© 2000 ERA Franchise Systems, Inc. ® and SM - trademark and service mark of ERA Franchise Systems, Inc., Equal Housing Opportunity.