Mortgage Payment Calculator © 2008 Vertex42 LLC ---
http://www.vertex42.com/Calculators/mortgage-payment-calculator.html Help
Compound Period 12 Enter 12 for US mortgages and 2 for Canadian mortgages.
Mortgage Information Option #1 Option #2 Option #3 Option #4 Option #5
Loan Amount 150,000
Annual Interest Rate 6.000%
Term of Loan (in Years) 30
PAYMENT
Monthly Interest Rate 0.5 --- --- --- ---
Monthly Payment (PI) 899.33 --- --- --- ---
Extra Monthly Payment
Total MONTHLY PAYMENT 1199.33 --- --- --- ---
TOTALS
Number of Payments 360 --- --- --- ---
Number of Years to Payoff 30 --- --- --- ---
Total Payments 431758.8 --- --- --- ---
Total INTEREST 281758.8 --- --- --- ---
BALANCE at Year … 1 1 1 1 1
Outstanding Balance #VALUE!: undefined #VALUE!: undefined #VALUE!: undefined #VALUE!: undefined #VALUE!: undefined
Interest Paid --- --- --- --- ---
Original Down Payment 10,000
EQUITY --- --- --- --- ---
Caution: Results are only estimates. Interest rates may vary, values may be
off due to rounding, and the calculator does not take into account fees, closing
costs, property tax, mortgage insurance, tax deductions, etc.
[42]