Mortgage Calculator

at Stevenpouliot.com

Using either the U.S. or Canadian Formula

This calculator calculates U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.


Amortization(Years) = 
Term (Years) = 
Yearly Interest Rate (%) = 
Principal Amount ($) = 
Downpayment (%) = 
Downpayment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

Welcome to my Mortgage Calculator page! Go ahead a plug in your mortgage information
and figure out your principal and interest payment. Remember that most loans amortize
at 30 or 15 years and the term will be the same for most loans. I would recommend
using zero for your Down Payment and using the exact amount you would like to
finance for Principal Amount.

Additional mortgage calculators:

If you have any questions regarding this mortgage calculator please contact me at:
steven@stevenpouliot.com

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Created and maintained by:
Steven M. Pouliot, REALTOR®
Contact webmaster@stevenpouliot.com
with comments or broken links
Copyright © 2000-2005, Steven M. Pouliot and
Century 21 Town & Country
48680 Van Dyke Utica, MI 48317
Last updated/revised on May 11, 2005
HTTP://stevenpouliot.com/calculator.html