This is what a mortgage calculator/mortgage caculater looks like. You use it figure out your monthly payments of a home mortgage loan. Its based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This particular calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment. There's lots of different Mortgage Calculaters on the net. What you'll find especially helpful is Mortgage Calculators for the U.K., Canada, Australia, New Zealand as well as the United States markets.
And here's another one. This one actually works and will take you through to another page with even more Mortgage Calculations
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