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The amount you pay each month to pay back a loan. In the case of a fixed rate or balloon loan, the monthly payment will not change during the term of the loan. For an adjustable rate mortgage, the monthly payment will change periodically according to the loan terms. If you choose an equity line of credit, the monthly payment is calculated based on the balance due. The monthly payment required to pay back an equity loan is calculated in accordance with the program you selected.

Monthly Housing Payment (PITI)

Monthly Income

Monthly Liabilities

Monthly Payment

Monthly Payment (P&I)

Monthly PMI

Monthly PMI Payment