.

Instructions

Loan Amount 
 
  1. Start by entering the total amount of the loan in the first box marked "Loan Amount."  (Enter the loan amount value without the use of the dollar sign or comma symbols.) This amount should include the balance of your first mortgage and any additional monies you wish to obtain or debts you wish to pay off.
     
  2. Enter an interest rate you're looking for. (Example: 10.0)

    Note: The percent symbol (%) has already been entered for you; you should not type it in.
     

  3. Enter the your down payment amount.
     
  4. Enter the number of years you wish to have this loan.
     
  5. Last, hit the "Calculate" button and see your final loan amount, number of payments and monthly payment amount.

 

 
Annual Interest Rate
%
Down Payment
No. of Years
Total Loan Amount
No. of Payments
Monthly Payment
 

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