This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information

Show me the calculations and amortization

Recent Blog Posts

Aug14

Mortgage Rates at all time lows. Should you buy now?

Mortgage rates for the Portland area have dropped to 3.875% in the past few days, presenting an amazing time to buy and save money.  Rates for a 15 year fix... Read More

Apr8

Cool Portland Houses - April 2011

We thought we would create a regular series about properties that our team has seen that we think are NICE.  By flagging these properties as "... Read More

Apr7

When is the right time to bring your home to market?

This month's reports from S&P and PMI both suggest that sellers could increase their net proceeds by bringing their home to market now instead of waiting... Read More