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Mortgage and Loan Calculators - Calculate payment amount ...
5 years = 60 months
3 years = 36 months
If you want to calculate how much a mortgage payment will be on a $200,000 mortgage at 5.00% interest for 360 months, you would enter:
200,000 for the Loan Amount
360 for Months
5 for Interest Rate (Compounded Monthly)
Press the Payment button, and you'll see that your payment would be $1,073.64.
Note: If you look down the amortization...
Date: 2017-02-16 13:47:02
Balloon Payment Loan Calculator |- MyCalculators.com
3.25 for Interest Rate
1,305.62 for Monthly Payment.
Press the Balloon Only button and you will see that you can pay off the first balloon loan with $268,645.80. Your lender agrees to give you another 7 year balloon loan for that amount and include the fees.
You are getting a $150,000 mortgage loan with a 3 year fixed interest rate of 4.5%. After that the rate can change. You want to know what your monthly payment will be for the first 3 years and...
Date: 2017-02-16 12:50:09