Arakelian Real Estate, Inc.

Mortgage Calculator

Using the sale price of the home you’re considering, the size of your down payment, the length of the mortgage, and the annual interest rate, we can provide you with an estimate of your potential monthly payments. This calculator will take property taxes into consideration, as well as the cost of Private Mortgage Insurance for loans where the down payment was less than 20%.

Leave zero and we'll use 85% of the sale price.
Property tax rates vary between states and towns. The US average is about $13.80 for every $1000 of the assessed home value.

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan. This calculator automatically factors in PMI for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes based on the mortgaged property's assessed valued.

This mortgage calculator is for display purposes only. Your mortgage may differ from these numbers based on a series of factors.