HSH.com, a New Jersey-based publisher of consumer loan information, on Thursday released an online tool to help consumers calculate the cost of a mortgage.

The company's "Downpayment Decisioner" allows users to calculate mortgage interest premiums based on the size of a downpayment. The calculator shows users how making a higher downpayment can decrease monthly premiums.

The calculator, along with an explanatory guide to mortgage insurance, is available on the HSH website.

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