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Untitled Document
Rates
as of Friday, July 25, 2008
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Conventional 30 Year Fixed
6.625
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Conventional 15 Year Fixed
6.250
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FHA 30 Year Fixed
6.750
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5/1 ARM
6.375
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Jumbo 30 year Fixed
7.500
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VA 30 Year Fixed
6.750
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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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