Welcome to the College Station Real Estate @ www.trevormoran.net Mortgage Payment Calculator, brought to you by Trevor Moran, REALTOR/Agent at Executive Real Estate Services. This tool can help you see the breakdown of your mortgage payment schedule, and give some insight into taxes, insurance and PMI (if necessary). This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. But this may not be necessary depending on your loan/lender. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.