Monthly Loan Payment

Enter your home mortgage loan amount: $
Enter the number of months to repay:
(10yr/120, 15yr/180, 20yr/240, 30yr/360)
months
Enter your estimated home lending rate (APR): see rates below %
*
 
Your Monthly Payment: $
 

Other monthly payment calculators:
(links will open new window)

Fannie Mae® has a more detailed Home Affordability Calculation: click here

Calculate your monthly payment and amortization schedule:
www.dinkytown.net/java/MortgageLoan.html

Adjustable rate mortgage payment calculator:
www.dinkytown.net/Java/MortgageAdjustable.html

ARM vs. fixed-rate comparison calculation:
www.dinkytown.net/java/MortgageArmvsFixed.html

Rent vs. buying your first home:
www.dinkytown.net/Java/MortgageRentvsBuy.html

Your loan amount is subject to debt/income ratios that lenders use to approve borrowing amounts (see debt/income ratios)

* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.