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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.
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