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Online Mortgage Loan Calculator

Case:

Monthly Payment:

Loan Amount:

Annual Interest Rate:

Press Calculate button to calculate selected mortgage loan case or press Amortization Table button to see monthly and annual amortization tables.

Help

Calculated Data

ParameterValueCalculation
Estimated Months57.68 
Months58 
Years4.0058/12
Adjusted Monthly Payment1990.48

Loan Summary

ParameterValue
Principal100000.00
Monthly Payment1990.48
Months58
Annual Interest Rate %6.00%

Detailed Calculations

ParameterValueCalculation
Global Payment to Bank115447.911990.48*58
Global Bank's Interest15447.91115447.91-100000.00
Global Banks Interest Rate %15.45%15447.91/100000.00
Average Interest each Month266.3415447.91/58
Average Principal each Month1724.14100000.00/58