Call or Text: 760-325-4500
Mortgage Payment Information
|(Principal & Interest ONLY)|
TOTAL Monthly Payment: $0 (montly + pmi)
Let's say that your property's assessed value is 85% of what you actually paid for it - $0. This would mean that your yearly residential taxes will be around $0, and this could add $0 to your monthly payment.
- The down payment = The price of the home multiplied by the percentage down divided by 100 (for 5% down becomes 5/100 or 0.05)
$0 = $0 X 0 / 100)
- The interest rate = The annual interest percentage divided by 100
0 = % / 100
- The monthly factor = The result of the following formula:
The monthly interest rate = The annual interest rate divided by 12 (for the 12 months in a year)
0 = 0 / 12
- The month term of the loan in months = The number of years you've taken the loan out for times 12
Months = Years X 12
- The montly payment is figured out using the following formula:
Monthly Payment = 0 * (0 / (1 - ((1 + )-(0))))
The amortization breaks down how much of your monthly payment goes towards the bank's interest, and how much goes into paying off the principal of your loan.
Amortization For Monthly Payment: $0 over 0 years
|Month||Interest Paid||Principal Paid||Remaing Balance|
Totals for year 0You will spend $0 on your house in year 0
$0 will go towards INTEREST
$0 will go towards PRINCIPAL
Coldwell Banker Residential Brokerage and Guaranteed Rate Affinity, LLC share common ownership and because of this
Real estate agents affiliated with Coldwell Banker are independent contractor sales associates and are not employees of Coldwell Banker.
CalRE# - 00616212. Greater Los Angeles Company: 9300 Wilshire Blvd., Suite 500, Beverly Hills, CA 90212 (310) 623-5353; Orange County and Desert Resorts: 5161 California Ave Ste 250, Irvine, CA 92617 (949) 385-8900; San Diego Company 13520 Evening Creek Drive North, Suite 430A, San Diego, CA 92128 (858) 755-0500
©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.