This is a multi-part message in MIME format.
---------------------- multipart/alternative attachment
My question is: US-specific
QUESTION: Hello, I am a realtor, I am looking for a program or free web site that has a mortgage calculator that includes an estimated tax cost, principal and interest by putting in current interest and sales purchase price.
I tend to find principal and interest but no interest. A few years ago there were sites, I seem to not find them anymore, however I'd invest into a program that calculated this for me.
XXXX
----------------------------------------------------------
david ingram replies:
You can find a J12 rate calculator at http://www.calculators4mortgages.com/
This will figure the interest and principal of a mortgage where the interest is calculated monthly as oppposed to Canadian banks which use a J2 rate where interest is calculated semi-annually not in advance.
Just divide the property taxes by 12 and add them to the mortgage.
However, as a realtor, your real estate board should have on-line calculators for you on the board site.
---------------------------
Another one which will add in the taxes and the insurance can be found at:
http://www.mtg-plus.com/
The following one can calculate the Canadian J2 rate by putting a C behind the interest rate but does not do the taxes as well.
http://www.commercialbancorp.com/calc.htm
Hope this helps
David Ingram of the CEN-TA Group
US / Canada / Mexico tax and working Visa Specialists
US/CANADA Real Estate Specialists
108-100 Park Royal South
West Vancouver, BC, CANADA, V7T 1A2
(604) 913-9133 - Fax 913-9123 [email protected]
www.centa.com www.david-ingram.com
---------------------- multipart/alternative attachment
An HTML attachment was scrubbed...
URL: http://lists.centa.com/mailman/private/centapede/attachments/c42b6da4/attachment.htm
---------------------- multipart/alternative attachment--
What's Related