Mortgage & Loan Calculator
Calculator computes payment, present value, interest, and period.
Solving for present value: The cost of the property minus the down payment (i.e. the principal).
Solving for interest rate: The annual rate of interest that a creditor charges a borrower for loaning money.
Solving for months: The amount of time needed to pay off (or amortize) the loan.
Solving for payment: The monthly payment needed to pay off (or amortize) the loan.
Solving for future value: The value of the property at a specified date in the future that is equivalent in value to the current property value today.
There were errors in the input: Required input was missing.
There were errors in the input: Payment should not be greater than Present Value.
Balloon After Period:
Note: After you solve, you will be able to view the amortization schedule.