Loan & Amortization Calculator

Use the loan and amortization calculator to estimate what your mortgage or any kind of fixed amortized loan would look like on a monthly basis over the term.

Hovering over the black “i” icon will give you a description of each of the inputs.

[shmac_calc_sc allowoverrides=”enable” slideroverrides=”enable” enable_slideroverride=”enable” inputreadonly=”disable” slider_theme=”broad” primarycolor=”#1e73be” calctitle=”Loan & Amortization Calculator” emailtext=”Send A PDF report to your email?” emaillabel=”Your Email” amountlabel=”Loan Amount” amountinfo=”The total purchase price of the home you wish to buy.” defaultpurchase=”255,000.00″ sliderminamount=”180,000.00″ slidermaxamount=”700,000.00″ sliderstepsamount=”5000″ interestlabel=”Interest Rate (%)” interestinfo=”The expected percent interest rate you will get on your loan.” defaultinterest=”4.75″ slidermininterest=”1″ slidermaxinterest=”25.0″ sliderstepsinterest=”.25″ downpaylabel=”Down Payment (%)” downpayinfo=”The percent down payment you wish to put towards the home.” downpaytype=”amount” defaultdown=”3″ slidermindown=”0.00″ slidermaxdown=”50″ sliderstepsdown=”1″ termlabel=”Term” terminfo=”The length of time it will take to repay the loan amount (30 years is common for mortgages).” defaultterm=”30″ sliderminterm=”1″ slidermaxterm=”40″ sliderstepsterm=”1″ disclaimer=”Calculations by this calculator are estimates only. There is no warranty for the accuracy of the results or the relationship to your financial situation.” currencysymbol=”$” currencyformat=”1″ currencyside=”left” allowemail=”yes” fromemail=”” emailsubject=”Your Amortization Generated Report | My Loan Tailor” pdfcolor=”#1e73be” pdfheader=”Amortization Schedule Results” calcsubmit=”Calculate” calcreset=”Reset” pdflogo=”4329″]

*Disclaimer: Calculations by this calculator are estimates only. There is no warranty for the accuracy of the results or the relationship to your specific financial situation.

It is common that other monthly expenses are involved in mortgage payments besides principle and interest. This includes taxes, home owners insurance, and pmi. This amortization calculator does not account for those expenses as they can vary from location, loan amount, loan to value ratio, and other variables.

Ready to Speak With Experts?

Visit the home loan page to begin filling out your home lending needs. You will get to choose between 2-5 lenders to speak with.

Get Started!

Get Knowledge, Tips, and Best Practices