How to Use the Mortgage Calculator

To use this basic Mortgage Calculator, you'll need to enter the amount you wish to borrow, the interest rate, and the length of the loan in years or months.

It is alright to estimate if you don't know the exact numbers, but the more information you have, the more accurate your estimated monthly mortgage payment calculation will be. Please note that this is a basic calculation, please visit with your lender or financial advisor for an accurate estimate.