Amortization is defined as the paying off of debt in regular installments over a set period of time. An Amortization calculator and schedule allow you to estimate your monthly mortgage loan payments and see what effect your loan balance, mortgage amount, interest rate and term have on your monthly payments. This will also allow you to see how your monthly mortgage payments adjust over that time.
To use our amortization calculator, please fill out all fields and press the calculate button and your mortgage amortization schedule will open up in a new window.
|Your Name (optional):|
|Original Loan Balance:|
|Annual Interest Rate:|
|Loan Term in Months:|
|Loan Start Date:|
|Your monthly payment:|
This schedule opens in a new window, press Ctrl-P to print or right click and select print from the context menu.
If you are looking for a home mortgage or a mortgage refinance we welcome you to call us at (518) 452-4700 or to fill out our contact form to set up an appointment to sit down with one of our mortgage specialists.
This calculator is for information purposes only. First Rate Funding Corp is not responsible for errors, use of this calculator is for comparison only and is not guaranteed.