Mortgage Calculator
Rules and Regulations:
- Property Value:
The total price of the property. - Down Payment Percentage:
The percentage of the property’s value that you will pay upfront. - Annual Interest Rate:
The yearly interest rate provided by the lender. - Loan Term:
The number of years over which the loan will be repaid. - Other Costs: Include costs like property valuation fees, processing fees, and insurance in your overall budget.
- Adjustable Down Payment: You can adjust the down payment percentage to see how it affects the monthly mortgage payment.