ADVANCED LOAN CALCULATOR
This calculator computes any one of the following given the others: the home price, number of payments, payment amount, or interest rate. Leave one of the first four fields blank to solve for that value.
Loan Information
For Adjustable Rate Loans
Home Information
Home price: $248,870.32
Note: There will be one additional payment of $224,091.62. This is the balloon amount you will owe the bank when you sell your home (or the final loan payment).
Financial Details
* These financial details were generated using the length of stay you specified as 5 payments. ** Finance charge includes points, and fees if applicable.
This calculator computes any one of the following given the others: the home price, number of payments, payment amount, or interest rate. Leave one of the first four fields blank to solve for that value.
Loan Information
| Home price | |
| Number of payments | |
| Payment amount (PMI excluded) | |
| Interest rate | |
| Down payment | % $ |
| Compounding period | |
| Payment period | |
| Points | |
| Closing costs and fees | |
| Loan type |
For Adjustable Rate Loans
| Maximum amount the rate will increase at the first interval | |
| How many payments until the first rate increase | |
| Maximum amount the rate will increase at each subsequent interval | |
| How many payments between subsequent rate intervals | |
| Rate cap |
Home Information
| How long will you stay at this property (number of payments) |
 |
 |
| Show payment schedule | |
Home price: $248,870.32
Note: There will be one additional payment of $224,091.62. This is the balloon amount you will owe the bank when you sell your home (or the final loan payment).
Financial Details
| Home price | $248,870.32 |
|---|---|
| Down payment amount | 10.000 % |
| Loan amount | $223,983.29 |
| Total amount financed | $222,483.29 |
| Payment amount | $1,300.00 |
| Balloon payment | $224,091.62 |
| Total payments | $229,291.62 |
| Interest rate | 5.700 % |
| Interest compounding | Monthly |
| Total finance charge** | $6,808.33 |
* These financial details were generated using the length of stay you specified as 5 payments. ** Finance charge includes points, and fees if applicable.