Mortgage Myths - Mortgage Amortization Calculator

"MYTHS" RESOURCES

"MYTHS" CALCULATORS

IMPORTANT NEWS

Book Hits #1!
"Mortgage Myths - 77 Insider Secrets to Saving Thousands on Home Financing" hit #1 on Amazon - in THREE categories! It has also been mentioned on FOX NEWS and in the New York Times!

Nationwide Release - Dec 28th!

Chip Cummings - Book Tour!
Starting on January 3rd, Chip will be visiting book stores throughout the country in addition to his regular speaking events. Watch for the schedule here, and catch him when he comes to YOUR city!

Mortgage Amortization Calculator

Use this amortization calculator to figure out what your payment schedule will be for your loan on a monthly or yearly basis!

Will calculate FIXED RATE or ARM loans, and you can include optional "extra principal payments". To use, simply enter the requested information below. The results will appear at the bottom, and you can print or even have the spreadsheet emailed directly to you!

NOTE: For ARM loans, enter the START RATE, when the first interest rate change will take place, and the yearly and maximum interest rate caps on your loan.

Amount of Loan

(in dollars, no commas)

Annual Interest Rate

(in percent)

Length of Loan

(in years)

Loan Type

Optional extra payments
(in dollars, no commas)

Monthly Basis Annual Basis