There are at least four or more components of the housing payment depending on the loan program and the property type.
How can a mortgage calculator be accurate if it only gives you the principal and interest portion of the whole housing payment.
Actually, the majority of online mortgage calculators say it’s accurate but it is not. Not all online mortgage calculators are accurate. Homebuyers with a solid pre-approval letter shopping for homescan use the Texas Mortgage Calculator powered by Gustan Cho Associates to calculate the most accurate monthly mortgage payment.