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Mortgage Calculator w/ Amortization Schedule


This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate.

Instructions: Enter the loan amount, interest rate and the term of the loan. Click on the Compute button to get the payment amount. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out. Note that each time you change one of the loan's variables, you will need to recalculate the monthly payment before creating the Amortization Schedule. Also, you may need to press CTRL-P to print the report once it appears in the pop-up window.

Note: When entering information into the data fields, only use numbers and applicable decimal points. Entering commas, dollar signs, or any other non-numeric characters will cause an error.


  1.  Loan Amount:
  2.  Annual interest rate:
  3.  What is the term of the loan in years?
     
  
This is the amount of your monthly payment.  

Longer term loans may take a few moments for the report to be generated.
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