![]() Note that the calculator calculates what percentage the down payment is of the price of the car. Just enter a "0" (zero) for one of the three values and provide the other two. In addition to solving for the monthly payment amount, it will also calculate the "Car Price", the "Down Payment Amount" or the "Loan Amount". Unlike a general loan calculator, this calculator allows for two unknown values. ![]() Use this calculator to calculate loan details when the down payment is expressed as an amount. Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, The term (duration) of the loan is expressed as a number of months. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule. Points are expressed in percent and are calculated on the amount borrowed. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are charges that are normally due at closing. One such case might be apprciation of the real estate.) (There may be other conditions as well under which the lender will no longer require PMI. The calculator handles this automatically. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. Premiums are typically 0.5% to 2.0% of the original loan amount. If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Property taxes and insurance are combined under escrow. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage. If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price. ![]() Nothing contained on this website constitutes legal advice and Safe Harbor Financial encourages you to work closely with your legal advisors to evaluate all information provided.You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage. Because cannabis remains a controlled substance, all assets related to CRBs and the assets of the financial institutions that service CRBs are subject to seizure by federal authorities. The information contained on this website does not purport to offer a legal “safe harbor” from the current conflict that exists between your state laws and federal law. SAFE HARBOR IS A NAME ONLY and the use of “Safe Harbor” in our name is not meant to imply any additional security. Marijuana remains illegal under the Federal Controlled Substances Act and as such, any information provided on this website regarding the use of the Safe Harbor Program™ to provide financial services to cannabis related businesses (“CRBs”) is based on the guidance issued by the United States Department of Treasury Financial Crimes Enforcement Network (“FinCEN”). Safe Harbor Financial has no regulator endorsements, express or implied, related to information contained herein or related to Safe Harbor Financial. Nothing contained on this website constitutes legal advice.
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