Mortgage Calculator Raleigh NC
If you're buying a home, you'll want to know how much house you can afford. Below is our easy to use mortgage calculator that will help you in determining a comfortable price range. If you need help or assistance with the purchase process, please don't hesitate to reach out to us here at Raleigh Realty.
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.