MONTHLY PAYMENT CALCULATOR
Find out what your monthly payments would be by entering
(1) the number of months of the mortgage,
(2) the interest rate and
(3) the total amount of the loan.
Number of
Payments
Interest
Rate
Principal
Your Monthly
Payment
mos. $ $
For example:
A 30 year loan would have 360 monthly payments. (30 yrs. x 12 mos. = 360)
The interest amount can be expressed, for example, as 7.5 or .075.
The principal should be entered with no commas, 150000 for example.
The payment amount is on the principal only. It does not include fees such as insurance, taxes or other items.