THE MORTGAGE STORE

Answer the questions listed below. If you require assistance, click the "Help" buttons on the right. Complete any three of the four questions. When you are finished click the red Compute button next to the incomplete question.

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.

Back to Mortgage Calculators

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).

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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

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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

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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

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Help for: Mortgage Payment

The mortgage payment is the amount the borrower would finance in order to pay off the desired loan. The payment corresponds to the selected frequency.

Minimum: $1.00

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Mortgage Isolator