Mortgage Payment Calculator

Here you can easily calculate what your monthly mortgage payments will be using our simple mortgage payment calculator.

Here's how it works:
First, you enter the number of payments you expect to make.  A 15 year mortgage is (15 x 12) or 180 payments.  A 30 year mortgage is (30 x12) or 360 payments.  Next, enter an interest rate. You can enter the interest rate as a percentage or as a decimal.  Finally enter the loan amount you plan to borrow and click compute.  Your monthly payment will be displayed in the box.