This free mortgage calculator is - a home loan calculating tool that automatically determines the effect of a change in one of the variables in a mortgage agreement. The variables taken into consideration are namely, property purchase price, downpayment, loan term, interest rate and date of first payment. It will help you calculate: whether you can afford the home loan in US; how much the payment amount will be over all time; what is your 30 year mortgage pay off date; what the financial implications of a change in interest rate will be and; what amortization schedule and chart.


Mortgage Information
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This mortgage calculator should only be used to estimate your repayments since it doesn't include taxes or insurance.