One of the most commonly asked questions is "How much will my payment be?" Monthly payments usually include principal & interest, property taxes and homeowners insurance. Most lenders require that homeowners insurance and property taxes be paid through an escrow fund that is collected and dispersed by the lender. In some cases, the buyer will pay property taxes & homeowners insurance directly. In order to help estimate your monthly payment, use the calculator below to determine principal and interest payments. If your not sure what the interest rate is, click here. First Payment Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Mortgage Amount Interest Rate % Mortgage Length 30 15 Years Payment Frequency Monthly    Payment Amount Total Interest

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