Mortgage & Loan Calculator
A mortgage calculator which computes payment, present value, interest, and period.
Solve For:
Present Value
Interest Rate
Months/Years
Payment
Future Value
Solving for present value: The cost of the property minus the down payment (i.e. the principal).
Solving for interest rate: The annual rate of interest that a creditor charges a borrower for loaning money.
Solving for months: The amount of time needed to pay off (or amortize) the loan.
Solving for payment: The monthly payment needed to pay off (or amortize) the loan.
Solving for future value: The value of the property at a specified date in the future that is equivalent in value to the current property value today.
There were errors in the input: Required input was missing.
There were errors in the input: Payment should not be greater than Present Value.
Amortize:
Month:
January
February
March
April
May
June
July
August
September
October
November
December
Year:
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
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1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
Show Amortization
Present Value:
Interest Rate:
Period:
Months or
Years
Payment:
Future Value:
Baloon After Period:
Months or
Years
Calculate
Present Value:
Interest Rate:
Months/Years:
Payment:
(principle and interest only)
Future Value:
Baloon Amount:
Interest Amount:
Total Amount:
Note: After you calculate, you will be able to view the amortization schedule.