STEP 1: Enter your information into the following fields. Do not use commas or $ signs. |
| First Payment Year |
|
| Mortgage Amount |
$
|
| Interest Rate |
% |
| Mortgage Length |
years |
| Payment Frequency |
|
STEP 2: Press the CALCULATE button. Do not enter anything in the next two fields. |
|
|
| Payment Amount |
$
|
| Total Interest |
$
|
STEP 3: Press the AMORTIZATION button. This will bring up an Amortization Schedule. |
|
|