Monthly Mortgage Calculator

Monthly Mortgage Payment Calculator

Enter the Principal, Interest, Term and starting month of the loan to see the monthly payment, principal & interest paid, and the remaining balance. The qualifying income (as per the "28/36" qualification ratio) is also shown.

Type the desired values into these fields:

Principal Loan Balance
Annual Interest Rate (%)
Amortization Length (Years)
Starting: Month = Year =
Show full amortization table?
Monthly Principal Prepayment Amount
Annual Principal Prepayment Amount (Enter B here for Bi-Weekly Payment Loans)
One-Time Prepayment Amount, to be paid before payment (month #)