Mortgage Calculator – Loan Payment Calculator

The results of this loan payment calculator are for comparison purposesonly. They will be a close approximation of actual loan repayments if availableat the terms entered, from a financial institution. This is being providedfor you to plan your next home loan application. To use, enter values for theLoan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25),and click the Calculate button. Clicking the Reset button will clear enteredvalues.


Enter only numericvalues (no commas), using decimal points where needed. Non-numeric values will causeerrors.

Description
DataInput
Loan Amount
Loan Length in Months15yr =180, 20yr =240, 30yr=360 Months 
Interest Rate
Monthly PaymentCalculated