Mortgage Calculator
Use this form to calculate your payments
Using the calculator. Calculate the number of monthly payments and the monthly payment amount by filling in the other fields.
For a starting point. As a starting point, you might want to use 8.0% for a 30-year fixed-rate loan and 7.5% for a 15-year fixed-rate loan.
Remember... Your monthly payment is not the same as the lender's calculation of your housing expense (PITI) for the purpose of determining your maximum eligibility. You will also need to add your property taxes and insurance to this amount.
Go Back
|