What is my payment?
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Your monthly mortgage payment is calculated based on the loan amount, the interest rate and the number of years, or term, that you want the loan. In our calculator, you select the interest rate, the term and the loan amount based upon your needs. Many people obtain a mortgage loan based on 30 or 15 years, so we have provided a drop-down box with 30 and 15 years plus 25, 20 and 10. Or you put in your own term selection to see what the payment would be to pay off the loan sooner.

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