Cindy Banescu
Broker Associate
661-993-8405 (cell)
661-964-2600 (office)
Serving All of Santa Clarita and the San Fernando Valleys
Mortage Calculator  

Mortgage Calculator
Loan Amount: (Dollars)
Property Type: Residential     Commercial
Percentage Down: %
Length of Mortgage: years
Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



This mortgage calculator may be used to calculate monthly payments of a mortgage loan (residential or commercial), based on the loan amount desired, the term of the loan, down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for residential loans where less than 20% is put as a down payment. Also taken into consideration are the local property taxes, and their effect on the total monthly mortgage payment.