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Mortgage Calculator

Calculate your monthly mortgage payments based on loan amount, interest rate, and term.

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About Mortgage Payments

A mortgage payment typically consists of four components: principal, interest, taxes, and insurance (PITI). The principal is the amount borrowed, interest is the cost of borrowing, taxes are property taxes assessed by local governments, and insurance includes homeowner's insurance and possibly private mortgage insurance (PMI) if your down payment is less than 20%.

This calculator provides estimates based on the information you provide. For exact figures, consult with a mortgage lender.

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