Mortgage Interest Calculator
Please follow the directions carefully
You may calculate how much your new house is going to cost you.
Just use this Mortgage calculator to run the numbers.
It will show your monthly payments for your home.
ONLY
use your computers
tab
key to advance to the next data field.
Sale Price
Actual Price of property
Enter just numbers, no $ or commas.
%
Down
Payment
Percentage of down payment
Not Currency amount - % of loan i. e. 10, 15, 20 etc.
Loan Balance
Actual Amount of Loan
This reflects after the down payment amount
Interest
Rate
Interest Rate in Percentage
i.e. "7.9", "8.3", "6.4" etc.
No# of
Payments
360 = 30 year mortgage.
Total Number of Payments
You may edit this amount.
Monthly
payment
Projected Monthly Payment Amount
**
These calculations are estimates based upon your input.
**
Actual payment amounts may vary and do not include Taxes and Insurance. This is only a guideline.
Please contact a bank or mortgage company for the correct figures.