Mortgage Calculator.xlsx

	B	C	E	G	H	I	J	K	L	M	Q	R	V	W
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2	MORTGAGE CALCULATOR
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5		Home Value		300,000.00
6		Loan Amount		250,000.00
7		Interest Rate		6.50			%
8		Loan Term		30			years
9		Property Tax Rate		1.25			%
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11		Start Date		Feb		2024
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16	Mortgage Repayment Summary
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18		Down Payment		16.67%
19		PMI Rate		0.00%
20		Monthly PMI		0.00
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23		Monthly Payment		X	Payments		=	Total Payment
24		1,840.59		X	360		=	662,611.22
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26		Total Payment		=	Total Principal Paid				+	Total Interest Paid	+	Total PMI Paid	+	Total Tax Paid
27		662,611.22		=	250,000.00				+	300,111.22	+	0.00	+	112,500.00
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29		Payoff Date
30		Jan	2054
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