Monthly Payment Calculator

Purchase Price of New Home
Amount of Downpayment
Term of Loan years
Interest Rate (e.g. 5.50) %
Annual Property Taxes
Mortgage Start Day (First Payment Due)  
Optional Extra Payments (Calculate the impact of paying extra on your loan)  
Add to your monthly mortgage payment
(50% of the amount entered here will be added to each payment for bi-weekly calculations)
Additional payment made every year in    
Additional one time extra payment made  
Downpayment is less than 20%. Required PMI may increase monthly payment.
Payment Plan >>>    Monthly Monthly
(with Extra Payments)
Bi-Weekly Bi-Weekly
(with Extra Payments)
Regular Payments
(principal, interest and property taxes)
Estimated Saving in interest
over the life of the mortgage
Life of the mortgage (years)
 
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Amortization Schedule
           
This calculator is provided to give you general guidelines and cannot predict factors unique to your finances.
For more information or assistance about your loan, please call us directly at 614.793.4631.