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. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.
Jupiter Home Mortgage Calculator
Jupiter and most towns in Palm Beach County have an annual tax rate of approximately 2% of the sales price. If you buy a $300,000 home you can expect an annual tax bill of $6,000. Be sure to apply for Florida Homestead if you are eligible. Remember we have no state income tax.
Visit the Palm Beach County Property Appraiser website to see the exact amount as well as find out information about homestead in Palm Beach County. Contact me for more information regarding taxes and insurance here in Palm Beach County before buying your new home. I will be happy to explain taxes, insurance and condo fee's before you purchase your new home here in Jupiter.