The results of this loan payment calculator are for comparison purposes only. It will approximate actual loan payments. If you want to approximate a mortgage loan payment you have to add your monthly escrow amounts to the payment amount (probably an additional 20-25% is a good lag amount).
To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.
Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.