Mortgage Calculator
Mortgage Payment Calculator
Mortgage Amount
Interest Rate (%)
Length (10,15,30 yr)
Starting: Month-Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Prepayment method
None
Monthly
Annually
Bi-weekly A
Bi-weekly B
One Time
Prepayment Amount
Prepayment after month
Full amortization table?
No
Yes
Partial
Display Using
HTML 3.0 Tables
Plain Text
back to RWhite Loans
Instructions
To use this calculator change the above fields as desired:
Mortgage Amount:
Enter your mortgage amountthis is the Principal Loan Balance
Interest Rate (%):
Enter the annual interest rate
CANADIANS:
Add a C (e.g. 7.75C) to use a conversion factor to convert Canadian rates to a US equivalent to use in the calculations.
Amortization Length:
Years, typically 30 or 15 in US, 25 in Canada
Starting Month Year:
Select the starting month and enter the year
Show full amortization table?
No or Yes (This is a long table)
Pre-payment method options:
None :
No Prepayments
Monthly :
Pre-pay a set amount each month
Annually :
Pre-pay a set amount once each year
Bi-weekly A:
26 half paymts/yr - 2 half pre-paymts each 6 months
Bi-weekly B:
26 half paymts/yr - 1 full pre-paymt each 12 months
One Time :
Pre-pay one set amount after a given # of months
Prepayment Amount:
Monthly/Annually/One-Time Principal Prepayment Amount
Prepayment after month:
One-Time Prepayment to be paid after payment number of months
Display Using:
HTML 3.0 Tables or Plain Text
