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Estimated taxes and insurance monthly payment could be $375. This is not included in the monthly payment stated above; nor do either of these payments include any required mortgage insurance premiums. Your actual payment will be higher. The assumed credit score may be higher or lower than your actual credit score.
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Estimate the home price you can afford by inputting your monthly income, expenses and specified mortgage rate. Adjust the loan terms from 15-, 20- and 30-year mortgages and see your estimated home price, loan amount, down payment and monthly payments change. update your inputs and find the mortgage you can afford with our affordability calculator.