Mortgage Amortization Calculator
This amortization calculator requires
the use of Javascript enabled and capable browsers. Enter
the ENTIRE amount of your financed mortgage, including any closing
costs or other expenses that will be amortized over the time
period of the loan. Enter the interest rate in a whole number
of the percent. For instance, 5 percent would be entered as 5
not .05; 5.5 would be 5 and 1/2 percent. Select the mortgage
term length duration (term) of the loan and select the frequency
of the payment, monthly or bi-monthly. This bi-monthly option
is NOT to reduce the interest by pre-payment but to pay 1/2 the
monthly payment, twice a month. Click on Calculate Payment and
Interest for results. Click on Amortization Table to create an
annual table. To print the table, hit Control-P after the window
is open.
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Version 8.4.1
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