Mortgage Analyzer Calculator

1. Mortgage Term: Help

The term of a mortgage is the length of time before it comes due for renewal, and for which the interest rate is either fixed or floating. Select the desired term for your mortgage. This term will be used in creating the amortization schedule, and calculating the balances.

You cannot select a term which is greater than the amortization period you enter.

2. Payment Frequency: Help

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).

3. Amortization Period: Year(s) Help

Enter a number representing over how many years you would like to repay your mortgage. The standard is 25 years.

Minimum: 1 Year

4. Mortgage Amount: $ Help

Enter the amount of money you want to borrow. Do not enter a dollar sign.

Minimum: $10,000

5. Interest Rate: % (e.g. 5.75) Help

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 NOT .0456

Minimum: 2.0

Compute Payment & Balance Summary Compute Amortization Schedule
Mortgage Payment:
Mortgage Balance Remaining After:
1 Year 2 Years 3 Years 5 Years 10 Years