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Mortgage Calculator

This free tool will help you to determine how much you can afford, and what is the right price range to fit your budget.

Definitions:

  • Total Amount ($) – Total amount in $ you need to buy your home.
  • Down Payment ($) – An initial payment made when something is bought on credit.
  • Interest Rate (%) – The annual interest rate for this loan.
  • Amortization Period (years) – Time period it will take to repay a mortgage in full
  • Monthly Payment – Monthly principal and interest payment for this loan.

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