Mortgage Broker Calculator

Prepayments and Refinanace calculator for iPhone, Blackberry & Mobile phones / Mortgage Calculation Sample
Mortgage »     Refinanace »     Price & Downpayment »

Loan & Financing Information

Mortgage amount:    $
Length of Mortgage:
 years
Interest Rate: % per year
Current Principal Amount:  $
Prepayments
Monthly Prepayment:  $
One-Time Prepayment:  $
Show More: Calculation & Amortization
 

Mortgage Payment Information

Monthly Payment:$738.86
Interest Total:$145,989.83
Principal Total:$120,000.00
Total Payment:$265,989.83

Compare Mortgage Terms

 15 Years20 Years30 Years
Monthly Payment:$1,028.91$877.11$738.86
Interest Total:$65,203.34$90,507.32$145,989.83
Principal Total:$120,000.00$120,000.00$120,000.00
Total Payment:$185,203.34$210,507.32$265,989.83
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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