Mortgage Loan Calculator

Calculate Your Approximate Monthly Payment of Principal and Interest

Enter The Price Of The Home You Want To Purchase If the home costs $150,000... enter 150,000
Enter Your Down Payment Money from your savings and/or equity in your present home.
Select The Term (Years) Needed To Repay Your Loan A longer term will lower your monthly payment.	Select 10 15 20 30
Enter The Interest Rate You Expect For example, 8.5% should be entered as 8.5
Click "Calculate"

Calculations do not include closing costs which are paid at settlement.
The costs for taxes, insurance, and mortgage life insurance are
also not included, but may be added to your monthly payments.

This calculator is for illustrative purposes only. We do not guarantee
that calculations are accurate. Always consult your accountant or
a professional advisor before making personal financial decisions.