Monthly Payment Calculates your monthly payment for different loan amounts, interest rates, and amortization terms. How Much Can I Afford? Calculates your estimated mortgage amount based upon the monthly payment, interest rate, and term that you enter.

Payment/Amortization Schedule (1280x1024)

Calculates the breakdown of principal and interest payments for mortgages/loans in a period up to 50 years.

Extra Payment Mortgage Reduction
Calculates how much you can save on your loan by increasing your monthly payment and gives the new amortization schedule.

APR (Annual Percentage Rate)
Calculates how much a loan really costs. Also, you can compare loans and determine which loan provides you with the best APR value when considering closing costs and mortgage commissions.

Loan Comparison
Compare different loan scenarios and determine how much they really cost and which loan provides you with the best APR value and monthly payment when considering closing costs and mortgage commissions.

Convertible Balloon Mortgage
Balloon loans are short-term fixed rate loans that have fixed monthly payments based usually upon a 30-year fully amortizing schedule and a lump sum payment or the possibility of refinancing at prevailing market conditions at the end of its term. Usually they have balloon terms of 3, 5, and 7 years.