This is a simple calculator for mortgage payment based on the purchasing price of the property, length and interest rate of the mortgage, and the amount of down payment. The payment is calculated for down payment of 5%, 10%, 15% and 20% of the purchasing prices respectively.
To use this calculator, please input the value
of the property you intended to purchase (mostly it is the
purchase price), the length of mortgage in years, and the annual
morgage rate (please enter a rate between 2% and 20%). Then press
"Calculate". If you want to make a new calculation,
press "Reset" before entering all the information. The
results are rounded to the nearest dollar.
WHAT'S YOUR INTEREST?
This calculator is provided by courtesy of Haidong Song
©Copyright: Haidong Song