Enter information regarding your
loan in the calculator above. Things to keep in mind:
Principal Amount of Loan - Enter the
beginning balance of the loan. For mortgage loans,
this is usually determined by adding the home
purchase price and closing costs, then deducting the
down payment.
Annual Interest Rate - This calculator
requires an interest rate between 1.0% and 50%. You
may enter any increments above 1.0% -- for instance,
8.125% would be valid to enter.
Term of Loan - Must be at least 1 year.
Enter increments of whole years using a decimal
point. For instance, you would enter 1 ½ years as
1.5 years.
Monthly Loan Payment will be calculated
after you enter information and click on the
"Calculate" button.
REMINDER:
If this is a mortgage loan, the monthly
payment does NOT include an amount for
property taxes and/or insurance.
Call The 1% Percent Mortgage Solution
at 1-866-MIN PAYMent (1-866-646-7296)
today!
