<!--  // Code for Mortgage Calculator

function round(number)
{  
	return Math.round(number); 
}

function calculate()
{
	var i = document.form1.INTEREST.value / 1200;
	var p = 1;
  
	for (j=0 ;  j <document.form1.TERM.value * 12 ;  j++)
  
		{
    		p = p * (i + 1)
  		}
    
    var TAX = document.form1.PRICE.value * 140/100                                                     * 0.48  /100                                   /12; 
         //above =    Price                                 x  Tax Assessment as % of market value;      x Avg Tax Rate (town and county);   / 12 for monthly
		// reassessed 4/09, tax ass 140% of value, county tax 0.45, town tax 0.52

	var INSC = document.form1.PRICE.value  *   0.003                                                                       / 12; 
        //above =       Price                                  x  Annual Insce as % of market value (0.003 = 0.3%);    / 12 for monthly
		// reassessed 4/09

	var PI = document.form1.LOAN.value * i / ( 1 - (1 / p));
    var LTV = document.form1.LOAN.value / document.form1.PRICE.value * 100;
 
    if (LTV>80)
    	{
   		var PMI =   document.form1.LOAN.value * 0.0065        / 12;
         //above =   Annual PMI as % of loan amount                   / 12 for monthly
		}
    else
    	{
   		var PMI = 0;
		}

 	var TOTAL =	PI + TAX + INSC + PMI;
        
	document.form2.PI.value = round (PI);
	document.form2.TAX.value = round (TAX);
	document.form2.INSC.value = round (INSC);
	document.form2.LTV.value = round (LTV);
	document.form2.PMI.value = round (PMI);
	document.form2.TOTAL.value = round (TOTAL);
}

//-->