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Enter information regarding your loan in the calculator. If
this is a mortgage loan, the monthly payment does NOT include an
amount for property taxes and/or insurance. Please call our
office for further assistance.
* Principal Amount of Loan - Enter the beginning balance of
the loan. For mortgage loans, this is usually determined by adding
the home purchase price and closing costs, then deducting the down payment.
* Annual Interest Rate - This calculator requires an interest
rate between 1.0% and 50%. You may enter any increments above 1.0% --
for instance, 8.125% would be valid to enter.
* Term of Loan - Must be at least 1 year. Enter increments of
whole years using a decimal point. For instance, you would enter
1½ years as 1.5 years. |
