Mortgage Calculator
Number of Months:

Interest Rate:
Principal:
Monthly Payment:

How to us the mortgage calculator:

• Enter the length of the mortgage in the "Number of Months" box. (15 years = 180 months, 20 years = 240 months, etc.).

• Enter the "Interest Rate" in decimal format. (7 1/2 = 7.5, 5 3/8 = 5.375, etc.)

• Enter the "Principal" amount. ($125,000 = 125000, etc.
 • Click on the "Compute" button.

 • The results are shown in the "Monthly Payment" box.

 • To input new figures, click the 'Reset' button.

Disclaimer:

The Mortgage Calculator is provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose.

The result of this calculation should not be taken as a statement of one's credit-worthiness, but rather a general guideline of industry practices. Use of the calculator on this site shall constitute acceptance of the terms of this agreement.