The Mortgage Calculator
Last modified January 8, 1996 - Added Principal Percent of Payment Column
Change these fields as desired:
Principal Loan Balance
Annual Interest Rate (%)
CANADIANS:
Add a
C
(e.g.
7.75C
) and I will use a conversion factor to convert your rates to a boring US equivalent to use in my calculations.
Amortization Length
(Years, typically 30 or 15 in US, 25 in Canada)
Starting:
Month =
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Year =
Show full amortization table?
No
Yes
Pre-payment method:
None : No Prepayments
Monthly : Pre-pay a set amount each month
Annually : Pre-pay a set amount once each year
Bi-weekly : 26 half paymts/yr - 2 half pre-paymts each 6 months
Bi-weekly : 26 half paymts/yr - 1 full pre-paymt each 12 months
One Time : Pre-pay one set amount after a given # of months
Monthly/Annually/One-Time Principal Prepayment Amount
One-Time Prepayment to be paid after payment (month #)
Display Using
HTML 3.0 Tables
Plain Text