Mortgage Payment Calculator

Use this calculator to generate an amortization schedule (by month or by year) as well the monthly payment for a mortgage paid either monthly or bi-weekly. It will also demonstrate the effects of prepaying your mortgage on an irregular (one-time) or regular (monthly or annual) basis.

Enter the Principal, Interest, Term and starting month of the loan to see the monthly payment, principal & interest paid, and the remaining balance. The qualifying income (as per the "28/36" qualification ratio) is also shown.