Simple Payment Calculator
This simple payment calculator provides results based on interest rate only and does not include taxes, insurance or any other possible costs on your loan. All calculations are believed to be accurate but are not guaranteed.
To use this calculator simply input: # of years, interest rate and principal, click what's my payment for your answer. Commas and $ signs should not be used. Use the Tab key to move between fields as necessary.
Calculators are presented for illustrative purposes only. In no way is this an offer to lend. All computations by the calculators are believed to be accurate, however, the authors assume no liability or responsibility for computational errors.
Under FNMA underwriting guidelines some types of income are excluded in calculating qualification ratios. These calculations make no guarantee or representation that you will qualify for any particular loan or loan terms.