Buying a Home in Atlanta, What would my monthly Mortgage Be?

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Buying a Home in Atlanta, What would my monthly Mortgage Be?Buying a Home in Atlanta, What would my monthly Mortgage Be?

To find out your mortgage monthly payment, you can use the mortgage calculator below. The numbers will be an approximation of your monthly payment. There are some many variables in calculating your exact mortgage payment making it really hard to come up with the exact amount. Here are some variables you need to enter to get the monthly estimate:

  • Price of your home your are purchasing, this would be the exact amount your are paying for the house your are buying
  • The loan amount your are borrowing, this is the price of the home less the down payment
  • The interest rate you will be paying on the loan
  • The loan term, such as 10 year, 20 year or 30 year loan term
  • The amount of taxes you will be paying for this property. Your real estate agent will provide you the exact amount
  • The cost of your home owners insurance, Your insurance agents will give you the cost to insure the property your are buying
  • PMI Insurance, if you are buying a home with less then 20% down payment, you will have to pay PMI insurance. Your Loan Officer will provide you this amount
  • How much is the closing cost you will be paying this property

If you input all those numbers in the calculator listed below, you will have an idea what your monthly mortgage payment will be.

Monthly Mortgage Calculator

 

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Telmo Bermeo Real Estate Broker

About Telmo Bermeo

Small Business Owner, specializes in marketing homes for sale in the Atlanta Area by using the most up to date Internet Marketing Tools.

Real Estate Broker serving the Atlanta Metro Area, for over 12 years. If you are planning to buy or sell your home in Atlanta, call Telmo Bermeo at 404-855-3070

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