Below you'll find a simple loan calculator which will allow you to input different interest rates, loan amounts, and amortization schedules so you can estimate your monthly payment. Plus, you can also create an amortization schedule which will show you how much of your payment goes towards the principal and how much towards interest. This loan calculator should be used only as an estimation as it doesn't allow for taxes and insurance.

 

Mortgage Calculator
First Payment Year
Mortgage Amount
Interest Rate %
Assumed Mortgage Length Years
   
Mortgage Calculation Results
Payment Amount
Total Interest
DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification.

close window