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Email: mortgagesbybarbara@gmail.com
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# M16000512
MORTGAGE CALCULATOR
The mortgage payment calculator will assist you in seeing what your monthly payment will be, based on different scenarios of mortgage amount.
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Mortgage Amount: Purchase price subtract your down payment amount.
Interest Term: This refers to the Amortization period (the entire life of the mortgage) which is generally 25 years. If putting 20% + as down payment, borrowers have the option to extend to 30 years.