Use this calculator or determine the monthly mortgage payment for a given loan amount and interest rate. Change all fields as desired. We have another calculator that will solve for the Loan Amount based on your desired monthly payment.

Amount you want to borrow :   
Annual Interest Rate :  (e.g. 7.25)
Number of Years :  (Typically 30 or 15 years)
Starting Month :   
Starting Year :   
Show Full Amortization Table?   
Additional Monthly Principal Amount : 
Additional Annual Principal Amount :  Enter B here for Bi-weekly Loans
One-Time Prepayment Amount :
...paid before payment on (month#) : 

 

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Calculate Monthly Payment