Use this mortgage calculator to figure out monthly
payments for home refinance or mortgage prequalification. Simply enter your loan
amount, the length of the loan term, and the interest rate.
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(in decimal)
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(years)
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per year.
5. For a more accurate payment you should include taxes, homeowner's
insurance and, if your 'Loan-to-Value' is higher than 80%, the possibility
of mortgage insurance (Please note that 123Refi's policy is to avoid
mortgage insurance at ALL costs). If this property is a Townhome or Condo
you should also consider the amount of your Home Owner's Association dues.
Please check the boxes that will apply.