MONTHLY PAYMENT CALCULATOR  Principal: $   Down Payment: $   Annual Interests Rate:   %  Number of Years:   (Click button to Calculate)  Number of Monthly Payments:    Monthly Payment w/Interest: $     LOAN AMORTIZATION CALCULATOR This calculator is to be used for estimation purposes only.  Principal Loan Balance Interest Rate Amortization Length (Years, typically 30 or 15) Starting: Month = Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year = Show full amortization table? No Yes Pre-payment method: None : No Prepayments Monthly : Pre-pay a set amount each month Annually : Pre-pay a set amount once each year Bi-weekly : 26 half paymts/yr - 2 half pre-paymts each 6 months Bi-weekly : 26 half paymts/yr - 1 full pre-paymt each 12 months One Time : Pre-pay one set amount after a given // of months Monthly/Annually/One-Time Principal Prepayment Amount: One-Time Prepayment to be paid after payment (month #) Explanation of Query Fields: Loan Amount is the Purchase Price minus the Down Payment. Number of Years of Loan is the number of years your loan will be for. Interest Rate is the interest rate you are charged on your loan. In the calculator you do NOT have to include the % symbol.