mortgage calculator
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Use this calculator to look at a variety of possible loans. Use the slider controls to change your monthly payment, loan amount, interest rate or term. Press the "View Report" button to see a complete amortization schedule, either by month or by year. |
Definitions
Monthly payment
Monthly payment for this loan.
Interest rate
Annual interest rate for this loan. Interest is calculated
monthly on the current outstanding balance of your
loan at 1/12 of the annual rate.
Term in months
Number of months for this loan.
Loan amount
Total amount of your loan. |
Information and interactive calculators are made
available to you as self-help tools for your independent use
and are not intended to provide investment advice. We can not
and do not guarantee their applicability or accuracy in regard
to your individual circumstances. All examples are hypothetical
and are for illustrative purposes. We encourage you to seek personalized
advice from qualified professionals regarding all personal finance
issues.
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