Lexie's Mortgage Calculator

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Purchase & Financing Information

Sale Price of Home: (dollars)
Percentage Down: %
Mortgage Interest Rate: %
Length of Mortgage: years
Assessed Home Value: (dollars)

The assessed value is used to compute property taxes. On average, properties are assessed at about 85% of their selling price. If you know the actual assessed value for this property, enter it here. If not, leave zero and we'll use 85% of the sale price.

Property Tax Rate: (dollars per $1000)

Property tax rates vary between states and towns. The US average is about $13.80 for every $1000 of the assessed home value.

Condo/Monthly Fee(s): (dollars)
Explain Calculations: Show the calculations and amortization
 

Loan Pre-qualification

Pre-qualification for your loan is very important. It shows a seller you are serious, and that you have the credit rating and resources to purchase their home. Pre-qualification also lets you know what price range you can and should be looking in.

We work with a number of highly qualified loan officers who can provide you with quality advise and great loan terms.

Let us put you in touch with a great loan officer today!

Let Us Help You Pre-qualify

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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan. This calculator automatically factors in PMI for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes based on the mortgaged property's assessed valued.