Interactive Loan Calculator
Calculate and compare different loan options with advanced features
Standard Loan
Mortgage
Loan Comparison
Extra Payments
Loan Amount ($)
i
The principal amount you're borrowing
Interest Rate (% per year)
i
Annual interest rate for this loan
Loan Term (years)
i
The time period to repay the loan
Payment Frequency
Monthly
Bi-weekly
Weekly
Quarterly
Semi-annually
Annually
Calculate Loan
Loan Summary
Regular Payment:
$0
Total Principal:
$0
Total Interest:
$0
Total Amount Paid:
$0
Amortization Schedule
Payment #
Payment Amount
Principal
Interest
Total Interest
Balance
Home Price ($)
i
Total purchase price of the property
Down Payment ($)
i
Initial payment toward the home purchase
Interest Rate (% per year)
i
Annual interest rate for your mortgage
Mortgage Term (years)
i
Length of the mortgage
15 years
20 years
30 years
Include Property Tax & Insurance
i
Estimate monthly payment with taxes and insurance
Annual Property Tax ($)
Annual Home Insurance ($)
PMI (% per year)
i
Private Mortgage Insurance is required if down payment is less than 20%
Calculate Mortgage
Mortgage Summary
Loan Amount:
$0
Monthly Principal & Interest:
$0
Tax, Insurance & PMI:
$0
Total Monthly Payment:
$0
Total Interest Paid:
$0
Total Cost of Loan:
$0
Compare Two Loan Options
Loan Option 1
Loan Amount ($)
Interest Rate (%)
Loan Term (years)
Loan Option 2
Loan Amount ($)
Interest Rate (%)
Loan Term (years)
Compare Loans
Loan Comparison
Loan Option 1
Monthly Payment:
$0
Total Interest:
$0
Total Amount:
$0
Loan Option 2
Monthly Payment:
$0
Total Interest:
$0
Total Amount:
$0
Difference in Monthly Payment:
$0
Difference in Total Interest:
$0
Difference in Total Amount:
$0
Calculate the Impact of Extra Payments
Loan Amount ($)
Interest Rate (% per year)
Loan Term (years)
Extra Payment Amount ($)
i
Additional amount you'll pay each month
Start Extra Payments After (months)
i
When you'll begin making extra payments
Calculate Impact
Extra Payment Impact
Original Loan
Monthly Payment:
$0
Loan Payoff Time:
0 years, 0 months
Total Interest:
$0
With Extra Payments
Monthly Payment:
$0
Loan Payoff Time:
0 years, 0 months
Total Interest:
$0
Time Saved:
0 years, 0 months
Interest Saved:
$0