Mortgage / Amortization

What does this do?
This estimator performs two functions:

  1.  It will generate values for a monthly payment, the total interest paid and total payments made, over the life of a given mortgage.
  2. It will also generate an amortization table for the values entered. The calculations are for a fixed rate mortgage.

This estimator is believed to be accurate, but is only intended to generate approximate results.

Operation:Enter the Full Sale Price, Percent Down, Interest Rate, and Number of Payments.

  • Enter in US Dollars the full price of property.
  • Please enter a number from 0 to 100.
    Enter the percentage of down payment.
  • Enter the interest rate for the loan.
  • Enter the years to payback the loan.
  • This field is for validation purposes and should be left unchanged.

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