This calculator will compute
a loan's monthly payment amount based on the
principal amount borrowed, the length of the
loan and the annual interest rate. Then, once
you have computed the monthly payment, click
on the "Create Amortization Schedule"
button to create a report you can print out.
Note: each time you change one of the loan's
variables you will need to recalculate the
monthly payment before creating the Amortization
Schedule. Note: Other than decimal points,
do not enter any other non-numeric characters
(commas, dollar signs, etc.) in the entry
boxes. Doing so will cause an error.
THIS IS JUST AN ESTIMATE - CONSULT A MORTGAGE
LOAN OFFICER BEFORE ACTING ON THIS ESTIMATE