Remember to add estimated property tax and insurance cost to your loan
calculation.  
That is: add the yearly cost of taxes and insurance, and divide that
total by 12 to get an approximate monthly cost.  Add this cost to your loan
payment as an estimated monthly escrow payment.  Don't forget to add other
items such as the monthly cost of mortgage insurance if required.  Set the interest
rate and term to match your loan.
Do not add the above items in the Additional monthly payment box below.
The additional monthly payment box is for added payments to the loan principal,
in order to pay off your loan in less time, saving on the total interest paid over the
life of the loan.
Loan Calculator
Loan amount ($):
Interest rate (%):
Term (years):
Additional monthly payment ($):
Monthly payment ($):
Total interest ($):
Average monthly interest ($):
Number of years:
This Loan Calculator is to help you estimate your monthly mortgage payment. Your
real payment will vary.  No warranty is expressed or implied as to the correctness or
accuracy of this information .
Copyright 2007-2008 by A Real Value
AppraisalAll Rights Reserved
Loan Calculator Appraisers
A Real Value Appraisal
Residential Real Estate Appraisers
Volusia County Florida
Phone (386) 761-1400
Get your estimated property tax at
Volusia County Property Appraiser
webserver.vcgov.org
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