Loan Comparison Calculator
This calculator will help you to compare the total interest charges of three different loans. Instructions: To calculate the payment amount and the total interest of any fixed term loan, simply fill in the 3 left-hand cells of the first row and then click on "compute." Use the other three rows to see what effects are produced by changing any one of the loan's original variables.
For # of Payments use how many months you will be financing,
EXAMPLE
360 payments =30 year financing
300 Payments =25 years
240 Payments =20 year financing
# of monthly
Payments		 Interest
Rate		 Amount
Financed		 Monthly
payment		 Total
Interest
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Disclaimer: Payment does not include taxes, insurance or assessments. This Calculator is not guaranteed to be 100% accurate. It has been places here to give you an idea of about how much payments will be. Please contact a Mortgage Broker for exact amount of payments for the home you are looking at.