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HOME MORTGAGE CALCULATOR WITH PAYMENT CALCULATORS
 The Mortgage calculator below will allow you to work out the payments on your mortgage loan. This easy to use calculator will help you work out how much you can afford to borrow and tells you what your repayments will be over set time scales at varying interest rates. You will also have the option of printing out your reports afterwards using this free calculator. Definitions can be found at the bottom of the page.  

 

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Definitions Of Calculator

Mortgage amount
Original or expected balance for your mortgage.

Monthly payment
Monthly principal and interest payment (PI).
Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.
Total interest
Total of all interest paid over the full term of the mortgage. This total interest amount assumes that there are no prepayments of principal.
Interest rate
Annual interest rate for this mortgage.

Total payments
Total of all monthly payments over the full term of the mortgage. This total payment amount assumes that there are no prepayments of principal.

Prepayment type
The frequency of prepayment. The options are: none, monthly, yearly, and one-time payment.

Prepayment amount
Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.

Start with payment
This is the payment number that your prepayments will begin with. For a one time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation.

Savings
Total amount of interest you will save by prepaying your mortgage.

 

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DEBT HELP
Struggling with your debt burden? Why not take a look at debt consolidation. This is not another loan, but a program to help you out of debt. To find out more click the link below.  
Debt Consolidation

CONSOLIDATION
Need to consolidate all your existing outstanding debts? With a debt consolidation loan you can reduce your payments and have the added convenience of just one lower single monthly payment. click the link below to find out more.
Debt Consolidation Loans