For loan principal & interest payment only, leave property tax and property insurance fields blank.
To calculate CA property taxes & insurance on home purchases, use 1.25% of the purchase price for annual property taxes; use 0.30% of the loan amount for annual homeowner’s insurance estimate.
PMI (private mortgage insurance) applies to Conventional loans with less than 20% down. Ask me for the correct PMI value for your requested loan program and terms. For most loans, use 0%.
