You need a monthly payment Calculator

A very quick way on a low or zero down payment purchase of calculating the monthly payment —within a hundred dollars or so --- is to take the sales price divided by $1000 and multiply that number by $6.  For example, a $300,000 sales price divided by $1000 equals 300.  300 times $6 equals $1800 a month for a total payment including base loan payment-- property taxes-- home insurance and any  mortgage insurance.  A more accurate way is to use my smart phone app—click on the picture to the right for install instructions.

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