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LakeChamplain.com Channel > Real Estate

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Mortgage Interest Calculator

Please follow the directions carefully
You may calculate how much your new house is going to cost you. Just use this JavaScript Mortgage calculator to run the numbers. It will show your monthly payments for your home. ONLY use your computers *tab* key to advance to the next data field.

`These calculations are estimates based upon your input. **Actual payment amounts may vary. This is only a guideline. Please contact a bank or mortgage company for the correct figures.`
Sale Price		Actual Price of property
% Down Payment		Percentage of down payment not $ amount - % of loan i. e. 10, 15, 20 etc.
Loan Balance		Actual Amount of Loan This reflects after the down payment amount
Interest Rate		Interest Rate in Percentage i.e. "7.9", "8.3", "6.4" etc.
No# of Payments	360 = 30 year mortgage.	Total Number of Payments You may edit this amount.
Monthly payment		Projected Monthly Payment Amount **

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