Mortgage Calculator
Calculate your mortgage payment and prepayment options!
Our mortgage calculator is designed to do three things:
1. Calculate a simple monthly or Bi-Weekly payment 2. Figure the effects of prepaying your mortgage 3. Create a full amortization schedule Simply enter the Principal, Interest, Term and Starting Month of the loan to calculate your monthly payment, principal & interest paid, and the remaining balance.
Principal Loan Balance | $ |
Annual Interest Rate | % |
Amortization Length in Years | |
Starting Month | |
Starting Year | |
Monthly Principal Prepayment Amount | $ |
Annual Principal Prepayment Amount
(enter B next to Annual Principal Prepayment Amount for Bi-weekly Loans) |
$ |
One-Time Prepayment Amount (to be paid before payment) |
$
Month # |
Show full amortization table? |
Display Using |
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These results are approximate and are intended for information only. The accuracy of the results is not guaranteed by Welcome Federal Credit Union.
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