You can use the mortgage calculator in Home Buying for Digerati to quickly calculate your monthly payments.
To start calculating payments, tap the [Mortgage Calc] button from the Home Buying for Digerati main screen. |
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Fill in the blank values with information from the mortgage you are considering. At a minimum, you should enter the purchase price, down payment, interest rate and loan length (in years). |
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Tap the [Recalculate] button to generate your monthly payments, based on the information given. |
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The mortgage calculator figures your loan amount ($128,000), monthly P/I (principle and interest of $992.38) and monthly mortgage payment ($1121.96). |
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