![]() Please note that the real mortgage rates in Colorado may differ from the rates used in the calculator as default values. It also helps you understand the total cost of home ownership over the entire loan term, by taking into account one-time expenses (closing. In addition to documentary stamp tax and transfer fees, there is an intangible tax of 0.02. This calculator allows you to compute the monthly/bi-weekly mortgage payment for your FHA mortgage loan, including the Upfront Mortgage Insurance Premium (UFMIP) and Annual Mortgage Insurance Premium (MIP). There is an additional surtax of 0.45/100 but only for multi-family or larger dwellings. Try with mortgage terms 15 years vs 30 years, or even consider different types of mortgage - biweekly mortgage schedule or even interest only mortgage. You can calculate the cost using the same method for mortgage tax. ![]() Use this home loan calculator to see different mortgage scenarios, ![]() This Colorado mortgage calculator with taxes allows you to see how much money you can save using extra payments.Įven a small additional payment can significantly reduce the term of the mortgage. You can save thousands in interest over the life of the loan by simply decreasing the interest rate or increasing your down payment. It also calculates PITI amount (Principal, Interest, Taxes, and Insurance) and total HOA fees during the whole amortization period.Ĭolorado Mortgage calculator is a great assistant when choosing a house, it will help to calculate exactly which house you can afford. Principal and interest PMI Property taxes Insurance HOA fees. This free Colorado Loan Calculator will help you estimate your monthly mortgage payment and see exactly where the money goes - to pay off the body of debt or to repay interest. Estimate your monthly payment with our free mortgage calculator & apply today.
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