Mortgage  Mortgage Payments -Mortgage Calculator Real Estate and Mortgage Information Best Bank Mortgage Rates & Preapproval for First Time Home Buyers  Payments
Mortgage Calculator
Real Estate and Mortgage Information
Real Estate Industry Information
Bookmark and Share      
 

Home

mortgage glossary
Power of Sales
 
 

Mortgage Length Calculator

Input Information
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Years)
Considered Monthly Payment
Monthly Payment : ($)
 Let Me Print That Form in PDF!

Send to Email Address :
Name :
Phone # :

Financial Analysis (Switch to Plain English)
Original Payment : $1,342.05
New Payment : $1,304.12
New Length of Loan : 32 Years 2 Months
Plain English Help (Switch to Financial Analysis)

If you start to pay more or less toward your mortgage each month than the original payment amount, you can save or add a number of years to the length of your mortgage. Even the difference of just $40 can save you a couple of years or add a couple years to the length of your payment.

If you took out a mortgage loan for $250,000.00 with a 5.000% interest rate, for example, you could expect to pay $1,342.05 per month. If you change your payment to $1,304.12, however, you will have to pay on your mortgage for 32 year(s) and 2 month(s) instead of 30 years.

 
Mortgage Calculator | Best Home Mortgage | Refinance Mortgage | Link Exchange | Best Home Mortgage | Guestbook | Terms & Privacy Policy
WWW.MORTGAGE-PAYMENTS.CA
Copyright 2011. All Rights Reserved.


IP Address Location