Mortgage Payment Calculator |
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© 2008 Vertex42 LLC |
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http://www.vertex42.com/Calculators/mortgage-payment-calculator.html |
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Help |
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Compound Period |
12 |
Enter 12 for US mortgages and 2 for Canadian mortgages. |
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Mortgage Information |
Option #1 |
Option #2 |
Option #3 |
Option #4 |
Option #5 |
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Loan Amount |
150,000 |
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Annual Interest Rate |
6.000% |
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Term of Loan (in Years) |
30 |
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PAYMENT |
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Monthly Interest Rate |
0.5 |
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Monthly Payment (PI) |
899.33 |
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Extra Monthly Payment |
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Total MONTHLY PAYMENT |
1199.33 |
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TOTALS |
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Number of Payments |
360 |
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Number of Years to Payoff |
30 |
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Total Payments |
431758.8 |
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Total INTEREST |
281758.8 |
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BALANCE at Year … |
1 |
1 |
1 |
1 |
1 |
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Outstanding Balance |
#VALUE!: undefined |
#VALUE!: undefined |
#VALUE!: undefined |
#VALUE!: undefined |
#VALUE!: undefined |
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Interest Paid |
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Original Down Payment |
10,000 |
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EQUITY |
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Caution: Results are only estimates. Interest rates may vary, values may be |
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off due to rounding, and the calculator does not take into account fees, closing |
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costs, property tax, mortgage insurance, tax deductions, etc. |
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[42] |
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