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Bob & Debi Laue, The Hasson Co., REALTORS®
Country Property and Residential Specialists
www.country-real-estate.com     July 19, 2008    Portland, OR    (503) 534-1551


Mortgage Calculator

Use this form to calculate your payments

Using the calculator. Calculate the number of monthly payments and the monthly payment amount by filling in the other fields.

For a starting point. As a starting point, you might want to use 8.0% for a 30-year fixed-rate loan and 7.5% for a 15-year fixed-rate loan.

Remember... Your monthly payment is not the same as the lender's calculation of your housing expense (PITI) for the purpose of determining your maximum eligibility. You will also need to add your property taxes and insurance to this amount.

Property Price:  
Down Payment:
Loan Amount:  
Interest Rate:
Years:
Monthly Payment:  

The Initial Estimated Monthly Payment is based on 30-yr mortgage with a $80,000 loan ($100,000 house price - $20,000 down payment) with an interest rate of 6.00%. Home Search One is not a lender. Actual interest rates may vary by lender. Home Search One does not guarantee the accuracy of this calculator.

This mortgage calculator figures only your principal and interest payments. It does not account for any associated costs for hazard or mortgage insurance, property taxes, or homeowner's association fees. Home Search One is not responsible for any errors in mortgage calculations. The calculator is a tool provided by Home Search One for information purposes only. The calculator does not take into account any factors such as credit history which may affect your ability to qualify for a loan.

 

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               Brokers

Hasson Company REALTORS®
8900 SW Citizens Dr
Wilsonville, OR 97070
Phone: (503) 534-1551
Mobile: (503) 502-1770
Fax: (503) 636-7499
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Bob & Debi Laue are licensed in the State of Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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