Hi.  You’re about to check out our mortgage loan calculator, which is a little different from our other loan calculators, as this version allows you to see how your payment changes at different levels of interest rates. Check out the post Buying a Home: How Much Can You Afford? to learn more.

A few points:

  • It is for guidance only. Actual terms from a lender may differ slightly because of day count
  • Only the main terms are shown (loan amount, interest rate, etc). It can be more complicated, but the selection should cover most normal use
  • The input fields are shaded blue, so go ahead and make changes to see how it works. The green shaded and bolded areas are the results
  • There are numbers pre-populated to help you understand

Have Fun!

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