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.