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.

 

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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
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real Estate listings held by IDX Brokerage firms other than ERA Woods Real Estate Group are marked with the IDX logo or the IDX thumbnail logo IDX provided information on Real Estate properties and detailed information about them includes the name of the listing IDX Brokers.