Mortgage Loan Calculator

Use this calculator to generate an estimated amortization schedule for your current loan. Quickly see how much interest you could pay and your estimated principal balances.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information about these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Definitions

Amount
Original or expected balance for your loan.

Term in years
The number of years over which you will repay this loan. The most common terms are 15 years and 30 years.

Interest rate
Annual fixed interest rate for this loan.

Monthly payment
Monthly principal and interest payment (PI).

Total payments
Total of all monthly payments over the full term of the loan. This total payment amount assumes that there are no prepayments of principal.

Total interest
Total of all interest paid over the full term of the loan. This total interest amount assumes that there are no prepayments of principal.

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www.clearviewfcu.org
Phone: 1-800-926-0003

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.