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For Sale by Owner Center > Tools > Piggy Back Mortgage Calculator 

Piggy Back Mortgage vs. Single Mortgage w/ PMI Home Loan Comparison Calculator

Piggy Back Mortgage Comparison Calculator - A piggy back mortgage is when two mortgage loans are used simultaneous to purchase a home to avoid PMI (private mortgage insurance). Use this mortgage calculator to view monthly mortgage payment differences between a piggy back loan and a traditional mortgage with PMI. Comparison assumes the same mortgage interest rate for both of the first mortgages.

Step 1:  Enter Sales Price
Step 2:  Select LTV of Each loan, Mortgage Rates and Terms 
Step 3:  Click "Calculate Piggy Back Mortgage" and view results below.
 Sales Price  
First Mortgage Second Mortgage
Loan to Value of  Each Loan
Interest Rate
Terms of Mortgage  
 
Piggy Back Mortgage Summary
First Mortgage Second Mortgage
Loan Amounts  
Mortgage Payments
Total Monthly Mortgage Payments (1st. & 2nd.) 
  Free Mortgage Rate Check - Compare Loan Options – Get Started Today >>>
Piggy Back Mortgage Vs. PMI Mortgage Loan Comparison
Loan Comparison Piggy Back Mortgage Mortgage w/ PMI
Sales Price
Down Payment
Total Loan Amount
First Mtg. Payment  
Second Mtg. Payment 
Private Mortgage Insurance
Total Mortgage Payments*
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* Note: PMI may vary sligthly dependant on area and loan types. Payment does not include property taxes or insurance. This mortgage calculator is for information comparison only. PMI based on California rates with first loan amount below $410,000.

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Piggy Back Mortgage Lender
Piggy Back Mortgage Calculator sponsored by your piggyback mortgage professional:

Jessie J. Beaudoin
(800) 931-7377 Office
Secure Funding Mortgage
Mon-Fri. 8:30am - 5:30pm PST

Call for more information about piggyback mortgages and current mortgage rates.

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