Mortgage Analyzer

Mortgage Analyzer

Answer the questions listed below. If you require assistance, click the "Help" buttons on the right. Click either the red "Compute Amortization Schedule" or "Compute Payment & Balance Summary" button when you are finished.

1. Mortgage Term:	PLEASE CHOOSE 6 Months 1 Year 2 Years 3 Years 5 Years 7 Years 10 Years	help
2. Payment Frequency:	PLEASE CHOOSE Monthly Semi-Monthly Bi-Weekly Weekly	help
3. Amortization Period:	Year(s) Month(s)	help
4. Mortgage Amount:	$	help
5. Interest Rate:	% (e.g. 5.75)	help

Compute Payment & Balance Summary      Compute Amortization Schedule

Print Full Schedule

Mortgage Payment:	Revised Amortization Period:
	Years(s)	Month(s)

Mortgage Balance Remaining After:
1 Year	2 Years	3 Years	5 Years	10 Years

Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice.

Help for: Mortgage Term

The term of a mortgage is the length of time before it comes due for renewal, and for which the interest rate is either fixed or floating. The term will be used in creating the amortization schedule, and calculating the balances.

You cannot select a term which is greater than the amortization period you enter.

back to top


Help for: Payment Frequency

Select how often you would like to make your mortgage payments. Number of payments per year:

Monthly: 12 (once a month).
Semi-Monthly: 24 (twice a month).
Bi-Weekly: 26 (once every two weeks).
Weekly: 52 (once a week).

back to top


Help for: Amortization Period

Enter a number representing over how many years you would like to repay your mortgage.

The standard is 25 years.

Minimum: 1 Year
Maximum: 40 Years

back to top


Help for: Mortgage Amount

Enter the amount of money you want to borrow. Do not enter a dollar sign.

You can calculate the maximum mortgage amount you qualify for (based on income and debt) by using the Maximum Mortgage calculator, located in the "Mortgage Calculator" section.

Minimum: $10,000
Maximum: $1,000,000

back to top


Help for: Interest Rate

Enter the interest rate you would like to use for calculating your payment and amortization schedule. Enter the interest rate in a whole number format. For example: 4.56 NOT .0456

Click on the link (view rates) in the calculator to see all our current interest rates.

Minimum: 2.0
Maximum: 25.0

back to top