The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next home loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.
Enter only numeric
values (no commas), using decimal points where needed. Non-numeric values will cause
errors.
| Data Input | |
|---|---|
| Loan Amount | |
| Loan Length in Months | 15yr =180, 20yr =240, 30yr =360 Months |
| Interest Rate | |
| Monthly Payment | Calculated |