Mortgage Calculator

This calculator only calculates U.S. monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually. NOTE: This calculator may compute payments slightly different than your bank. For exact payments, contact your local banker.

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Down payment (%) =

Down payment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

Owed at End of Term ($) =
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