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This calculator shows your monthly payment on a mortgage; with links to articles for more information.
How much house can I afford? This calculator allows you to calculate monthly payment, average monthly interest, total interest, and total payment of your mortgage.
Compound Interest means that you earn "interest on your interest", while Simple Interest means that you don't - your interest payments stay constant, at a fixed percentage of the original principal. First, a calculator to let you see the difference. Future Value, using...
Mortgage Example. Suppose you take out a 30 year mortgage for $100,000 at 7% interest, and want to know the monthly payments. To do that, you divide the interest rate by 12 to get (.07/12) = .00583; and multiply 30 x 12 = 360 to get the number of payments. Then the formula gives you:
Financial calculators for present and future values, annuities, mortgages, bond yields; with links to articles for more information.
Use the MoneyChimp Calculator to estimate the future value of an investment with compound interest quickly and easily.
Simple Mortgage Calculator with amortization to calculate your monthly mortgage payments and shows the detailed mortgage amortization by monthly or yearly. Enter the mortgage amount, loan term, and interest rate to get started.
Check out the web's best free mortgage calculator to save money on your home loan today. Estimate your monthly payments with PMI, taxes, homeowner's insurance, HOA fees, current loan rates & more. Also offers loan performance graphs, biweekly savings comparisons and easy to print amortization schedules.
Our simple mortgage calculator will show your total estimated monthly mortgage payment based on: The value of the home you’re considering. Your down payment amount. The interest rate. The term (length in years) of the loan. Learn more how to estimate each variable below or read our beginner’s guide to mortgage loans.
This simple mortgage calculator estimates your monthly home mortgage payment and shows the amortization schedule. Find out how much you can afford before you borrow.