Purchasing a home is one of the biggest financial decisions you’ll ever make. With this purchase calculator, you can determine how much your monthly mortgage payments will be – which will give you a good idea of how to plan for the future.
By entering the purchase price of your new home, down payment amount, interest rate, mortgage term (in years), annual taxes, and homeowners insurance, you can instantly see your monthly payment amount. This will give you a clearer picture of how much “house” you can afford.
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