Loan Type
Chose if you want to calculate the monthly payments for a new mortgage or refinance an already existing one.
Interest Rate
Fixed rate will remain the same through the entire period.
Flexible rate is usually updated every 3 to 6 months. Your payments will vary quarterly.
Flexible rate is usually updated every 3 to 6 months. Your payments will vary quarterly.
Mortgage Summary
A quick overview of the parameters used to calculate the mortgage rate, based on the criteria you selected.
Monthly payments
A detailed table containing the payment plan for the entire period. When an early payment is added, the plan is updated accordingly.
| Month | Owed Before | Principal | Interest | | Monthly Total |
Owed After |
|
|---|---|---|---|---|---|---|
Early Payments
Adding an early payment will automatically recalculate your monthly payments according to the selected amount and payment date.
Added Early Payments
A complete breakdown of how your early payments influenced the value of your monthly payments.
No early payments yet.
| Month(s) | Amount | Amount Saved | Months Saved | Edit |
|---|---|---|---|---|