Mortgage Loan Calculator

U.S. Individual Income Tax Software by WinTax
Loan Calculator

This calculator determines the monthly payment on a mortgage type loan,
and the total amount to be paid over its life.

Instructions:
Enter the loan amount, the number of monthly payments, and the annual interest rate.

Write the loan amount: (styles $235,000 or 235,000 or 235 000 or 235000.00 are all OK).

Give the number of monthly payments: (example: a 15-year loan has 180 monthly payments).

Enter the annual interest rate: (styles 7.25% or 7.25 or 0.0725 are all equivalent).

Click the "Calculate" button to see the results.

If the loan amount is: $

if the number of monthly payments is:

and if the annual interest rate is: %

Then the monthly payment is: $

and the total payment amount is: $

This calculator is another private and confidential service of WinTax.

2/1/04

If the loan amount is: $
if the number of monthly payments is:
and if the annual interest rate is:	%

Then the monthly payment is: $
and the total payment amount is: $