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Online Mortgage Calculators

Estimate your mortgage payments, amortization or interest rate

Provided to give you only estimated calculations. There is no guarantee in regard to accuracy.

Fill in 4 of the fields, then click 'Calculate' for the estimated remaining value.
Payment Frequency:    
Amortization Period:   (years) Compute Amortization Period
Mortgage Amount: $ Compute Mortgage Amount
Interest Rate:   % (e.g. 5.75) Compute Interest Rate
Mortgage Payment: $ Compute Mortgage Payment

This is an estimation tool, not an offer to lend. Actual market interest rates may vary. Payment calculators do not include Private Mortgage Insurance which could be required by some Mortgage Companies based upon the mortgage amount requested.

More info:
Payment Frequency Select how often you would like to make your mortgage payments. Number of payments per year:
Monthly: 12 (once a month).    Semi-Monthly: 24 (twice a month).
Bi-Weekly: 26 (once every two weeks).    Weekly: 52 (once a week).
Amortization Period Enter a number representing over how many years you would like to repay your mortgage. The standard is 25 years.    Minimum: 1 Year
Mortgage Amount Enter the amount of money you want to borrow. Do not enter a dollar sign.
You can calculate the maximum mortgage amount you qualify for (based on income and debt) by using the Maximum Mortgage calculator.    Minimum: $10,000
Interest Rate Enter the interest rate you would like to use for calculating your payment and amortization schedule. Enter the interest rate in a whole number format. For example: 4.56     Minimum: 2.0
Mortgage Payment

The mortgage payment is the amount the borrower would finance in order to pay off the desired loan. The payment corresponds to the selected frequency.
Minimum: $1.00

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West Michigan Real Estate

0-745 Lake MI Dr.
Grand Rapids, Michigan 49453