Chapter 10: Worksheet
Mortgage Payment
Mortgage Payment Calculator
Instructions: The Mortgage Payment Calculator will allow you to compute your monthly house payment. Enter the amount of the loan, the number of years(not months) and the annual interest rate (not the monthly rate). Click "Compute" and the calculator will give you your monthly payment (principle and interest only). To clear all of the fields, click "Reset".

Amount of Loan:
Number of Years:
Annual Interest Rate:
Payment (PMT):