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Estimated Mortgage Payment Calculator

This calculator will calculate the estimated mortgage payment* for the loan amounts and interest rates entered.

This calculator can be used to calculate the payment on a new house, or see the effects of a lower mortgage interest rate on your current payment.

* The payment amount shown on this page is an estimate based on the information entered. Actual payment amounts will vary based upon actual interest rates, property taxes, insurances, fees, and other information available at the closing date.

Enter the loan amount
Do not enter commas (,) or dollar signs ($)

Enter the interest rate 
 Example: 7.5% should be entered as 7.5

Enter the number of payments per year
Most mortgages are paid monthly (12 payments) If you are making 2 payments per month, enter 24
Enter the number of years the term of the loan is for
Example: 30
Enter the total of the estimated property taxes, homeowners insurance, and private mortgage insurances, if being paid through mortgage company.
Estimated Monthly Payment*
 
 
Pappas & Associates Mortgage
22777 Harper Ave - Suite 303
St. Clair Shores, MI 48080
Phone: (586) 772-9000
Toll Free: 1-888-772-9952
Fax: 1-586-772-9444

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At Pappas & Associates Mortgage, our business is
"Making a world of difference...one mortgage at a time"
Since 1991 - Your Lender for Life
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