Mortgage Payment
WebNotes
Simple Mortgage Calculator

Mortgage Amount
Interest Rate (%)
Length in Years


Instructions

    To use this calculator change the above fields as desired:
  • Mortgage Amount: Enter your mortgage amount this is the Principal Loan Balance
  • Interest Rate (%): Enter the annual interest rate
    CANADIANS:Add a C (e.g. 7.75C) to use a conversion factor to convert Canadian rates to a US equivalent to use in the calculations.
  • Length in Years: the Amortization Length in Years, typically 30 or 15 in US, 25 in Canada


Written by Hugh Chou Revised by Nicholas alston
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