Every detail report in Paragon Connect has a mortgage calculator. This allows you to quickly calculate monthly mortgage payments. Agents can look at different options, adjust the term and interest rates, and adjust the purchase price of the home and the buyer’s down payment percentage.
The Mortgage Calculator can estimate monthly payments based on these adjustable fields:
- Purchase price of home
- Down payment: 5% – 50% percent
- Interest rate
The calculator also breaks down the total amount by principal and interest.