Interest Only and Monthly Calculator

Enter the loan amount, interest rate, and mortgage rate and then click on the Calculate button to view results.

Loan Amount:      $
Interest Rate:     %
Mortgage Term:      1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40		Calculate
Monthly Payment:$
Interest Only:     $

To calculate your total monthly payment (including homeowner's insurance, taxes and mortgage insurance)