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Amortization Calculator

Use this simple loan calculator to estimate your monthly payment. You can input different interest rates, loan amounts, and mortgage length as well as view an amortization schedule of a loan which displays how much of your payment goes towards the principle and how much towards interest. The calculator does not allow for taxes and insurance and should be used for estimations only.

Mortgage Calculator
First Payment Year
Mortgage Amount
Interest Rate	%
Mortgage Term/Length	Years
Payment Frequency

Mortgage Calculation Results
Payment Amount
Total Interest
DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.