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This sort of calculator is a good way to familiarize. extra $12,000 or more paid in interest over the life of the loan. Second, save up! The more you can put down, the lower your mortgage payment.
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Principal and interest are based on a fixed-rate mortgage. If you’ll be using an adjustable-rate mortgage, this amount only applies to the fixed period. See note 1. Use the calculator below to update your estimated monthly payment.
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