REAL ESTATE MORTGAGE LOAN CALCULATOR

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The real estate loan calculator is useful to determine how much your monthly or bi-monthly loan payment will be. Simply multiply the monthly amount by 12 to determine how much your loan payment will be for a year. 

Calculations Include: insurance, PMI – If needed, and property taxes.  Note: California State Sales Tax is 1% of sales price  PMI (Mortgage Insurance)  Apx. 1.5 percent of the loan if your down payment is less than 20%.  Note: PMI and interest are Tax-deductible.

David Norwood-Central Coast Real Estate-Loan Calulator
David Norwood-Central Coast Real Estate-Loan Calulator

 

 

 

 

 

 

 

 

 

 

 

Check out other Useful information at David Norwood Central Coast Services: Utilities, First Class Postage Online with Tracking Number, School Information.  Also I wrote a great Blog Called  SAVE $10,000 BY BUYING A HOME COMPARED TO RENTING with a chart showing how money  you will save by buying a home.