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Where Is Your Home?

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We're glad that you found us.

Unfortunately today more and more people are facing all sorts of difficult financial situations. You may be facing any of the following problems: foreclosure, layoffs, divorce, inherited an unwanted house, IRS liens, probate, judgements, relocation, making two payments, or just need to sell your ugly house or distressed property fast. It may be comforting for you to know that you're not alone.

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    • What will your monthly mortgage payment be?
    In the market for a new home? Find out how much you re likely to shell out each month for a new address.



    Price of home: $
    Downpayment: $
    Interest rate: (%)
    *Yearly property taxes: $
    *Homeowners insurance: $
     
    PRINCIPAL & INTEREST: $
    TAXES & INSURANCE: $
    *PMI: $
    TOTAL: $



    		  
    ABOUT THIS TOOL
    *Term: We've assumed a 30-year term

    *Property taxes: We've assumed a 1.5% property tax on the purchase price. Your rate, and ultimate tax bill, may differ significantly. For a more accurate total payment, enter your own estimated annual taxes.

    *Homeowners insurance: Uses an annual premium of $0

    *PMI: Your total payment includes an estimated $80 fee for private mortgage insurance (PMI) if your downpayment is less than 20% of the purchase price. Average PMI runs $50 to $80 per month on a median priced home of $159,000, according to the Mortgage Insurance Companies of America. But it can climb to $150 per month or more.