Mortgage Loan Payment Calculator Instructions

Here is some basic information to help you get the most out of this easy to use calculator.

• Subtract your estimated down payment from the purchase price and enter the value in "Loan Amount" (Remember that if the down payment is less than 20% of the sale price you will have the added expense of Mortgage Insurance which is not figured into this calculation).
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• Enter the current interest rate. Contact Neil Gerdes 291-1715 to find that out! Also, be sure to ask me about my no money down programs! 
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• Estimate Annual Tax and Insurance and enter these values.
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• To test the effect of different loan periods try alternatives to the default of "30" years.
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• Each time you change a value hit "Calculate Now" to see what the effect is.

Financing Recommended by Acumen Mortgage Solutions, LLC. Application and Consultation is free. Call Today.

(320) 252-4044