Enter the ENTIRE purchase price of your financed mortgage, including
any closing costs or other expenses that will be in the loan.
Enter the down payment percentage amount, usually 5, 10, or 20
percent. Enter the interest rate in a whole number of the percent.
For instance, if you were to get lucky enough for this rate,
5 percent would be entered as 5 not .05; 5.5 would be 5 and 1/2
percent. The default is 7 percent. Enter the mortgage term length
duration (term) in years; the default is 30 years. The default
is $160,000.00 for the loan. Do not use commas or the dollar
sign ($) on any of the entries. Enter the estimated annual taxes
and insurance percentages; those defaults are 1.7 percent and
.6 respectively. Click on ANY field for HELP and to Calculate