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Did you know Patriot Financial now offers:     

Small Business Finance Loans

Commercial Purchase and Refinance

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Mortgage Loan Payment Calculator Instructions

  1. Subtract your estimated down payment from the property price and enter the value in "Loan Amount".  Remember that if the down payment is less than 20% of the sale price, you may have the added expense of Mortgage Insurance.  Mortgage Insurance is not figured into this calculation.
  2. Enter the interest rate. Contact Patriot Financial USA to get the current rates!
  3. Estimate Annual Tax and Insurance and enter these values.
  4. To test the effect of different loan periods try alternatives to the default of "30" years.
  5. Each time you change a value, hit "Calculate Now" to see what the effect is.
 

Years: 

Interest: 

Loan Amount:

Annual Tax:

Annual Insurance:

Results

Monthly Principle + Interest

Monthly Tax

Monthly Insurance

Total Payment

 
 
 

Copyright 2001-2007 Patriot Financial USA, Inc. All rights reserved  Toll Free 866.554.4USA (866.554.4872)  Massachusetts mortgage company clients, we operate as Patriot Mortgage USA.  Texas clients we operate as Patriot Lending.