Calculate the monthly payment and amortization schedule for your loan. The monthly payment is calculated based on your loan duration to have the loan paid off in the last month. You also have an option to account for a partial first month of the loan.

Calculate the amortization schedule for loans that include an interest-only period. You can set either the entire term or only an initial period to be interest-only.

Calculate the amortization schedule for your loan, accounting for extra payments. You can specify an extra payment amount and which months to apply the extra payment. The monthly payment consists of interest, normal repayment and the extra payment. The repayment is calculated based on your loan duration to have the loan paid off in the last month. The extra payment is an amount paid in addition to the monthly payment, which helps pay the loan quicker and reduce the total interest cost.

Calculate the savings on your mortgage if you make extra payments. Extra payments on your mortgage reduce your interest cost and help payoff the mortgage quicker. Compare the interest cost and payoff date with and without extra payments.

The APR alone is not sufficient to evaluate a loan offer if you intend to sell or refinance before the end of the term. Use this calculator to find the cost of the mortgage until it is exited at some time before the end of term.

Calculate the Annual Percentage Rate (APR) using the Effective Annual Rate (EAR). You can choose the compounding period to be either monthly, quarterly, or semiannually.

Calculate the Effective Annual Rate (EAR) using the Annual Percentage Rate (APR). You can choose the compounding period to be either monthly, quarterly, or semiannually.