Mortgage Payment Calculator
This is a mortgage payment calculator that will easily give you an estimation about your monthly mortgage payments and find out how much you can afford before you borrow. This calculator is created using calc built-in PMT function. This function become a built-in financial function because this is a basic formula that financial people should know when they learn basic finance. You can modify the formula to calculate other mortgage information. For example, You have to modify the formula if you want to know how many years you can pay your mortgage if your monthly budget is limited. But, if you just want to know the amount of money you have to pay monthly within your loan period, you can use this tool directly. Just type mortgage amount, interest rate and loan period in corresponding cells, and the formula will give you the results.
Mortgage Payment Calculator (13.9 KiB, 1,362 hits)