Mortgage Interest Calculator

Here is a cool tool to let you calculate how much your new house is going to cost you. You can also use the tool to calculate your monthly payments for your car but make sure that you put the Marginal Percentage Rate as 0. Use tab to advance to the next field.

Sale Price
Actual Price of new home/vehicle
% Down
Payment
Percentage of down payment
Loan Balance
Actual Amount of Loan
Interest
Rate
Interest Rate in Percentage
# of
Payments
Total Number of Payments
Monthly
payment
Your Actual Monthly Payments
Marginal
Tax % Rate
Your State+Federal Marginal
Tax Percentage
Inflation
%age
Estimated Inflation Rate.
Summary
Total
Interest
Total
Tax Adjusted
Interest
Total
Tax Adjusted Interest
in Today's Dollars
Total
Payments
Total
Tax Adjusted
Payments
Total
Tax Adjusted Payments
in Today's Dollars
If you have found this tool useful try the Mortgage Qualification Tool too.
DISCLAIMER

For comments and questions:

Last updated March 03, 2000

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