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.

#
ofPayments |
^{1}InterestRate % |
Principal |
Monthly |
Loan Interest |
^{2}Closing $ |
^{2}Points $ |
Total Cost |

1. This is the interest
rate, not the APR. |

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 |