Calculate Your Mortgage Payment
It's easy to estimate your monthly mortgage payment, including principal and interest! Just follow these easy steps and use the chart below.
- Locate the term of your loan in years across the top of the chart.
- Locate the percentage rate of your loan along the left side of the chart.
- The place in the chart where the year column meets the percentage row is your factor number.
- Multiply your factor number by the amount of your loan in thousands (for example... for a $100,00 loan you would multiply your factor number by 100). The result of this calculation is your monthly payment including principal and interest.
An Example:
If you are financing $75,000 for 25 years at 7.25 percent, multiply 75 times 7.23 (your factor number). The result is $542.25 - your monthly payment!
Mortgage Chart
View our mortgage calculator chart
