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How Much Home Can We Afford?

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Mortgage Calculator using U.S. Formula

This calculator calculates U.S. monthly mortgage payments based on principal, interest and term.

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Downpayment (%) =

Downpayment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

Still Owing at End of Term ($) =

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Amortization Schedule for Your Purchase
Number of Months of Loan	Simple Interest Rate	Total Amount of Loan
	%	$
After obtaining your amortization schedule in the window below, you must Mark (Control-a or Apple-a) the text, Copy (Control-c or Apple-c) and Paste it (Control-v or Apple-v) into a new word processing document on your system. It cannot be printed out from this screen.

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Mortgage Bancorp Services
800 E. Northwest Hwy. Suite 100
Palatine, IL 60067
Voice: (888)776-7080
Fax: (847)776-7085