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 :
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Starting Year :
Show Full Amortization Table?
No
Yes
Additional Monthly Principal Amount :
Additional Annual Principal Amount :
Enter
B
here for Bi-weekly Loans
One-Time Prepayment Amount :
...paid before payment on (month#) :
Display Using
html 3.0 Tables
Plain Text
Calculate Monthly Payment