Amortization Calculator - Home Loan Rates

amortization calculator

This is a simple calculator that shows you the balance of your loan over the length of the loan. It also shows you what amount of your payment is interest, and what amount is being applied to the principal. The difference between the payment amount and the interest amount, is the figure being applied to the principal. As you can see, in the beginning more of your payment is used towards paying the interest of the loan then paying off the balance. View the Bi-Weekly calculator to see how making payments every 4 weeks instead of every month can save you thousands of dollars or take years off the term of the loan.


	Number of Months


	Interest Rate %


	Loan Amount $


	Amortization Schedule cannot be printed from this page. You must copy-and-paste to a text editor.

Today's Mortgage Rates

2/3/2012

Loan Program	Rate	APR
3/1 ARM
5/1 ARM
15 Year Fixed	3.500	3.621
30 Year Fixed	4.125	4.195
FHA 30 Year Fixed

See detailed closing costs by using rate calculator

RateWatch is a free interest rate notification service. Click the link then enter your desired interest rate and email address. You will then be notified when your interest rate is available.

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The pre-approval letter was issued in an astonishingly rapid timeframe. He spent a great deal of time with me and I knew exactly what to expect at the closing and exactly what to bring "to the table".

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