Figure out how much your mortgage will cost monthly.
Use the below calculator to figure out how much your monthly mortgage payment will be or how much just the montly interest is. It is pre-set with an interest rate of 7% but that can be changed to reflect the mortgage of your choice. Then set the number of years and the loan amount and chose to figure total payment or interest only.
*Note: Do not enter any symbols, commas or letters. Enter simple numbers only (i.e., do not enter: $10,000.99 do enter: 10000.99).
Chose whether to calculate the total monthly payment or just monthly interest: