Mortgage Calculator

This calculator is provided to you as a means to estimate your payments, and is not a guarantee of final payment amounts.

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.

FYI most lenders are requiring a down payment of 20%, here is a typical loan scenario for land financing right now.
 
Purchase Price                       $50,000
20% initial Investment             $10,000
80% Bank Financing              $40,000
      *****Monthly payment  $268.58*******
*****Monthly payment based on financing $40,000 at 6.0% amortized over 20 years.***

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Jason Kok | Four Rivers Realty Inc
13868 286th Ave | Moravia, IA 52571

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