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Loan Calculator

 

 
Put Inputs Here

Years:

Interest:

Loan Amount:

Annual Tax:

Annual Insurance:

Results

Monthly Principle + Interest

Monthly Tax

Monthly Insurance

Total Payment

Please note this is for estimates only. Actual Taxes, Insurance, Loan rate, and other factors will all affect the true payment.

 

 

Mortgage Loan Payment Calculator Instructions

 

  1. Subtract your estimated down payment from the property price and enter the value in "Loan Amount" (Remember that if the down payment is less than 20% of the sale price you will have the added expense of Mortgage Insurance which is not figured into this calculation.)
  2. Enter the current interest rate. Contact ... to find that out!
  3. Estimate Annual Tax and Insurance and enter these values.
  4. To test the effect of different loan periods try alternatives to the default of "30" years.
  5. Each time you change a value hit "Calculate Now" to see what the effect is.

1030 Lake Village Cove

Directly off of Spillway Road & Grants Ferry Road

Phone 601-8326

Cell 601-209-6300

Cell 601-594-TEAM

 

 Copyright 2007 - Merck Team Realty, Inc.

Merck Team Realty, Inc. is licensed to perform licensable real estate services

in the State of Mississippi by the Mississippi Real Estate Commission.

Company License #B-16122

Broker's License #B-13250

Mississippi recognizes single and dual agency relationships.

Prior to the exchange of any confidential information, we will discuss your agency options with you.

For More info, go to the state of Mississippi's Real Estate Commission www.mrec.state.ms.us