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This mortgage calculator helps you decide how much home you can afford.  Given information such as your income, debt and down payment, it gives a suggested maximum home price and estimated monthly payment.  These estimates are based on typical mortgage terms and closing costs, and may vary from your actual costs. You can use this information to help you decide how much you can spend on a new home.

Note: Estimates are computed using a 30-year term, 3% down payment and 2.5% estimated closing costs.

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