Number of Years: Step #1: Enter the length in years of your mortgage. Interest Rate: Step #2: Enter the estimated interest rate of your loan. Purchase Price (PP): Step #3: Enter the purchase price of your home. Down Payment (DP): Step #4: Enter the amount of your down payment Step #5: Click on [Compute]. Principle (PP-DP): This is the amount you are financing. Mortgage Payment: This is a list of your itemized, monthly payments. PMI Insurance: % of DP Some loans may not require that you have PMI Insurance. Property Tax: % of PP = / 12 = *See note below Insurance: % of PP = / 12 = *See note below Total Monthly Payment: And this is your total monthly payment *Note: You may need to adjust the tax rate and insurance rate for your area. More Financing Information (Republic Mortage) Home - New Properties - Existing Homes - Calculator - E-mail