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Compare three mortgages at one time.
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Please try our Java loan and mortgage calculators. They take a minute to load, but they are worth it! Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Each financial calculator also includes a View Report option. The mortgage repayment schedule and other reports are fully customizable. These reports are designed for you to print out and keep...
Monthly Payments & Schedule
Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments! Press the "View Report" button for a full yearly or monthly amortization schedule.
Definitions
Mortgage amount
Original or expected balance for your mortgage.
Interest rate
Annual interest rate for this mortgage.
Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.
Monthly payment
Monthly principal and interest payment (PI).
Total payments
Total of all monthly payments over the full term of the mortgage. 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 mortgage. This total interest amount assumes that there are no prepayments of principal.
Prepayment type
The frequency of prepayment. The options are: none, monthly, yearly, and one-time payment.
Prepayment amount
Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.
Start with payment
This is the payment number that you prepayments will begin with. For a one time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation. If you choose to prepay with a one-time payment for payment number ZERO, the prepayment is assume to happen before the first payment of the loan.
Savings
Total amount of interest you will save by prepaying your mortgage.
The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't 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.
Jim & Polly Eagle, GRI, CRS, and Teri Fortino Coldwell Banker Residential Real Estate 950 Tennant Station Morgan Hill CA 95037 Eagle/Fortino Office: 408 778-6499 Toll Free: 888 778-6499 Cell: 408 718-7712 Fax: 408 778-7851 Eagle/Fortino email:: jpeagle@garlic.com
The Eagles are in the top 1% of the 60,000 Coldwell Banker agents nationwide. Both are associated with Coldwell Banker Real Estate, a large international firm and the largest real estate firm in the United States. The Eagles have combined real estate experience of more than 50 years and use every up-to-date tool to assist their customers and clients. Polly is
GRI, CRS certified and a Relocation Specialist. Highly equipped to guide you through all of your real estate needs, don't hesitate to call or email them!
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Jim and Polly Eagle NUMBER1EXPERTS™ in real estate for
Morgan Hill, San Martin and Gilroy, California
- NUMBER1EXPERTS™ 
