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Mortgage Payment & Amortization Calculator

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Affording the new home...
Borrowing money right now is easier than it has ever been. Start the process here by seeing how much a lender is willing to lend you based on your criteria.

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MortgagePayment & Amortization Calculator
Purchase and Financing Information
   
Sale Price of Home: $ (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
 



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Now you know how much you can afford, but how much is a lender willing to lend you? Find out here!




This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.


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