Payment and Interest Calculation for Mortgages

fill in the first line of the table to cumpute loans payment.

fill in the addition lines of the table to compare loans.

# of
Payments
1Interest
Rate %
Principal Monthly
Loan Interest 2Closing $ 2Points $ Total Cost

1. This is the interest rate, not the APR.
2. Use only if you are paying these out of pocket, else if applicable, include them in the Principal amount.

Amortization with extra payment calculation.

The values in this form are the values last in the table above.

Loan Amount  Interest Rate 
Normal Payment  Loan Interest 
Default Extra Principal Payment 
Start Month  Start Year