- Enter
the Purchase Price.
- Enter
your Desired Mortgage Amount. This is the Purchase Price, less
your down payment.
- Click
to choose the Mortgage Term (number of years) for the mortgage.
- Click
to choose the Annual Interest Rate, in percent. Choose the number
closest to what you've been quoted.
- Average
(not precise) Property Taxes are calculated automatically. If
you know the current Property Tax for your new home, enter it
in this field.
- Change
any of the values to see the results. If the Mortgage Summary
area remains blank, click on the "Calculate Mortgage"
button.
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