Calculator Rates

Want to Calculate Mortgage Payments Offline?

Apple Mac or iPhone Users (and fans of Excel!)

Download a Free Excel Spreadsheet Today!

Our desktop software was originally designed for Microsoft Windows comupters. Luckily, Microsoft Excel offers cross-platform functionality. We offering an Excel mortgage calculator spreadsheet to a software program? You're in luck, as nosotros also offering that option, besides as a basic Excel loan computer.

Microsoft Windows Users

Download the gratuitous desktop mortgage calculator for Microsoft Windows today. We offer 2 user-friendly options:

.exe file

Mortgage Calculator .exe file - click the link and immediately run the mortgage computer. This is the best pick if you are in a rush and/or only plan on using the computer today.

.cypher file

Mortgage Reckoner .zip file - download the zippo file, extract information technology, and install it on your computer. This is the best option if yous plan on using the estimator many times over the coming days, weeks, and months.

The estimator interface looks like this:

Desktop Freeware Mortgage Figurer Usage Instructions

Our calculator consists of 5 easy-to-use input fields:

payments per twelvemonth - normally 12 monthly payments for most loans

loan corporeality - your mortgage amount. This is typically the home price less your downpayment. In some cases homebuyers pay for closing costs upfront while in other cases they may roll them into the loan.

interest rate - the rate of compounding expresed every bit a percent, also known as the Annual Percentage Rate (APR). For your convenience, nosotros publish local Los Angeles mortgage rates below to help you see currently bachelor rates.

periodic payments - loan payment corporeality

number of payments - typically 12 times the number of years. thirty years is the most common mortgage term, and at 12 payments per year that would make 360 payments

Simply fill in whatsoever data you know, and and then click the find button next to the last open field. This makes the calculator flexible, fitting many unlike needs

To use this estimator like a traditional mortgage calculator yous would leave the Periodic Payment surface area blank and fill in the other details, so click notice next to Periodic Payment.
You lot tin can leave the Loan Amount empty and fill in the payment corporeality you tin beget to determine how much home y'all can afford.
You can examination the savings from bi-weekly payments vs a traditional montly mortgage payment past increasing the number of payments per year.
You can also exam unlike interest rates to compare different loan options.
In addition to all the above options, this claculator comes with a printable loan schedule.

While this figurer is quite flexible, if multiple fields are left blank when you click the find button the calculator will produce an error that will need cleared before the figurer will work once more. Click the articulate button and enter new loan details and it should piece of work like a charm. :)

Some of Our Software Innovation Awards!

Since its founding in 2007, our website has been recognized past 10,000'due south of other websites. A few of our software innovation awards are listed below: