Mortgage Calculator

This is a simple monthly mortgage payment calculator where you can compare principal and interest payments with a down payment of 5%, 10%, 15% or 20% of the purchase price.
To use this calculator, input the purchase price of the property , number of years of the mortgage and the annual morgage interest rate (without any commas or signs) Then press "Calculate". (scroll down to see payments table for each downpayment respectively ) If you want to make a new calculation, press "Reset" before entering new information. The results are rounded to the nearest dollar.

Mortgage Information

The price of your prospective home
Length of Mortgage in Years
Annual Interest Rate %

Mortgage Payment

Down Payment Payment

The calculator is provided by courtesy of Colonial Real Estate
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