Online Mortgage Payment Calculator?
September 27, 2007 · Print This Article
I need an online mortgage payment calculator where you can input the following:
Mortgage Amount (Example: 10,000 dollars)
Mortgage Term (Example: 1 year/12 months)
Interest Rate: (Example: 10.2%)
Monthly Payment (Example: $200)
The calculator needs to show a table of results including:
Monthly Balance
Interest on Unpaid Balance
Total (Monthly balance + monthly interest)
Monthly Payment (in my case it’s $200 per month)
and the Balance after all that. (Total Balance per month: monthly balance + monthly interest - $200)
All of that for each of 12 months, and then the grand total last.
If there is such thing, the first person to locate a calculator where you can input the monthly balance (not have it calculated) gets Best Answer.
I’m asking this cuz I’ve only seen Mortgage Calculators which calculate your monthly payment. I need one which calculates all/ most of the functions I listed above. Thanx!
If you can calculate everything i listed & put it in a graph yourself, even better!
By the way, the mortgage stuff is for a project, not in a real situation…..
Kansieo.com
Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.
Try bankrate.com. You can play around with in adding extra payments, interest rates, and terms. I can’t imagine a $200 mortgage anywhere in the US.