Mortgage Payment
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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