To calculate mortgage
payments, please follow these steps:
Enter the Purchase
Price (or Loan Amount if refinance or second)
Enter the
total Downpayment (Enter "0" (zero) if refinance or second)
Enter the Term
of your mortgage (number of years)
Enter the Interest
Rate
Click the "calculate"
button. If you wish to change any of the values, please re-enter
the numbers and click "calculate" again. Hit "Clear" to clear the
calculator. View the payment by scrolling down to the Mortgage
Payment table.
Note: All
payment amounts are rounded to the nearest dollar.
