Townsend-Meyer & Assoc.

Mortgage Payment Calculator with Amortization

This calculator will compute a mortgage's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. This calculator will also compute your total mortgage payment which will include your property tax, property insurance and PMI payments. Then, once you have computed the monthly payment, click on the "Create P&I Amortization Schedule" button to create a report you can print out.

Calculate Your Mortgage Payments and Amortization Schedule
Mortgage loan amount: Explain/Instruct
Annual interest rate (APR):
Mortgage loan term (# years):
Annual real estate taxes:
Annual homeowners insurance:
Monthly PMI (Private Mortgage Insurance):
? Monthly Principal and Interest Payment: Explain/Instruct
? Monthly Taxes, Insurance and PMI payment:
? Total monthly mortgage payment:

Disclaimer

Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. This calculator is provided by Townsend-Meyer & Associates as a convenience to our clients and website visitors. Townsend-Meyer & Associates assumes no responsibility or no liability whatsoever for any consequences arising from the use of this calculator and any losses resulting from decisions based on the results of these calculations.