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HOW TO CALCULATE
YOUR PAYMENT

Input your expected loan amount. For example, if you are purchasing a property that is $400,000 with a 20% down conventional loan, you would be borrowing $320,000.

 

Input your ideal Interest Rate. Keep in mind the better your credit score the better the rate you may qualify for.

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Input the desired length of your loan. Most mortgages are for a 30-year period.

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Input Mortgage Insurance, keep in mind this is only for loans with less than 20% down payment.

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Input your annual Hazard Insurance payment.

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Input your annual County Property Tax payment.

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The total monthly payment result will be displayed in the yellow box below.

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You can click on the Ammortization Schedule button to see all of your payments detailed for the length of your loan.

Mortgage Calculator

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© 2023 by Action One Financial Corporation. 800 South Barranca Ave. Suite 210 Covina, CA 91723

NMLS# 1420182

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