1. Input different Interest Rates, Loan Amounts, and Mortgage Lengths
2. Click on Calculate to estimate your Monthly Payment and Total Interest
3. Click on Show Amortization Table to see an amortization schedule of a loan which will show you how much of your payment goes towards principal and how much towards interest. This loan calculator should be used only as an estimation as it doesn't allow for taxes or insurance.

DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.