Consumer Credit Counseling Service of Mobile
705 Oak Circle Drive East
Mobile, AL 36609
251-602-0011

Consumer Credit Counseling Service of Jackson
208 Commerce Street
Jackson, AL 36545
251-246-9898

Consumer Credit Counseling Service of Montrose
22787 Highway 98
Building B-2
Montrose, AL 36559
251-990-8499


Mortgage Calculator

Mortgage Calculator

Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



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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