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Calculate a monthly mortgage payment

Fill in the data below and click the calculate button to calculate your mortgage payment.

Principal Amount of Loan:
Ex: 100000.00 (no commas)

Interest Rate: Ex: 7.5 (no % character)

Term of Loan in Years: Ex: 25 Years

Calculated Payment: No entry required

Show full amortization Schedule


"); w.document.writeln("

To Print Amortization Schedule Hold The Control Key And Press P

"); w.document.writeln("
Principal Amount:"); w.document.writeln(form.principal.value); w.document.writeln("
Interest Rate:"+form.rate.value); w.document.writeln("
Term in Years:"+form.term.value); w.document.writeln("
Payment Amt: "+form.payment.value); w.document.writeln("
"); w.document.writeln(""); w.document.writeln("
Year#"); w.document.writeln("Total of Payments"); w.document.writeln("Total Interest"); w.document.writeln("Total Principal"); w.document.writeln("Unpaid Balance"); for (var i=1;i<=form.term.value;i++){ w.document.write("
"+i+""); pmt = form.payment.value * 12; w.document.write(""+roundit(pmt)+""); for (j=1;j<=12;j++){ interest = (balance*(form.rate.value/100)/12); totint += interest; prin = form.payment.value - interest; totprin += prin; balance -= prin; } w.document.write(""+roundit(totint)); w.document.write(""+roundit(totprin)); w.document.write(""+roundit(balance)); totint = 0; totprin = 0; } w.document.writeln("
"); w.document.writeln( "); w.document.writeln("



"); w.document.close(); } //-->

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