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Free Mortgage Calculator

The following simple mortgage calculator will calculate your monthly mortgage payment. Simply input the loan amount (principal), without any commas, interest rate (i.e., 6.25) and number of months (30-year mortgage equals 360 months). Remember, this amount does not include the cost of real estate taxes, homeowner's insurance and condo fees, if applicable. To compare the amount of interest you'll pay using different loan terms use our loan comparison calculator.

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