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Mortgage Calculators

How much home can you afford? What would the monthly payment be? Get answers to your mortgage math questions here!

Use our Home Affordability Calculator to determine the maximum home price you could afford based on income, down-payment and monthly debts. This also uses estimates for real estate taxes and homeowner's insurance to determine an estimate of total mortgage payments.

Our Mortgage Payment Calculator calculates the total monthly payment for a mortgage based on your inputs for loan amount, term and interest rate. It uses estimates for real estate taxes, mortgage insurance and homeowner's insurance based on the location you select.

PLEASE NOTE:

These calculators provide "rough estimates" only and are no substitute for the accurate, up-to-date estimates one of our experienced loan officers would be glad to quickly provide you with no cost or further obligation.

Just call us at 901.504.4663 and we'll send you estimates for any home mortgage scenario you would like to consider.

Local Mortgage, Inc.  |  5350 Poplar Avenue, Suite 850  |  Memphis, Tennessee 38119

800.966.7062

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 NMLS ID 1855068 (NMLS Consumer Access Site >)       Disclosures and Licenses >

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Interest rates where shown, (or quoted) on this site are subject to change without notice and are not an approval or offer of credit. All loans are subject to qualification based on the underwriting standards of Local Mortgage Inc., private or government insuring agencies, guarantors or investors. Not available in all states. Property Insurance required. Google®, Bankrate®, Zillow®, and Better Business Bureau® logos, when used here are registered trademarks of their respective owners.

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