Mortgage Calculator

Inputs
Negotiated Cost of House
Additional Down Payment
Date of First Payment
Credit Rating
Constants
Property Tax Rate
Down Payment to Avoid PMI
PMI Rate
Term of Loan in Years
# of Payments Per Year
Credit
Excellent
Good
Fair
Poor

Down Payment
5%
10%
15%
20%

Exploring Series

$ 375,000.00
$
5,000.00
5/1/2016
Excellent

0.75%
20.00%
0.50%
30
12

Intermediate Calculations
APR Based on Credit Rating
Min Down Payment Required
Annual Property Tax
Annual PMI

$
$
$

Outputs
Total Down Payment
Amount of the Loan
Monthly Payment (P&I)
Monthly Property Tax

$ 17,187.50
$ 357,812.50
($2,145.27)
(16.09)

Monthly PMI
Total Monthly Payment
Date of Last Payment

APR
3.25%
3.50%
4.25%
5.25%

Payment

3.25%
12,187.50
2,812.50
1,789.06

(10.73)
($2,172.08)
4/1/2046

287798604.xlsx

Range Name Location

Mom
Texas