This calculator will compute a mortgage's monthly payment amount based on the purchase price (less the down payment), the length of the loan and the annual interest rate. The calculator will also compute your total mortgage payment which will include your property tax, property insurance and PMI payments. The calculator even includes an option to calculate the price per square foot. Finally, once you have calculated the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out.
Special Instructions: In rows that contain a drop-down menu, leave the "$" selected to enter your own dollar amount. Otherwise, choosing a percentage will enter the dollar amount based on the percentage of the purchase price (if a price has been entered).