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Experience matters...we've already helped over 1,500 Wichita families buy & sell their homes. Talk to Ambrose Team!316.773.SOLD (7653).

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Real Estate - Homes - NUMBER1EXPERTS Sell More!
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Mortgage Calculators
Welcome > Resources > Mortgage Calculators > Monthly Payments & Schedule ...

The Best Mortgage Calculators On the Web! 

Please try our Java loan and mortgage calculators. They take a minute to load, but they are worth it! 

Each calculator has dynamic graphs and charts that change - right before your eyes - as you enter different information. Try each calculator with different interest rates, loan amounts, and payment schedules. 

The mortgage repayment schedule and other reports are fully customizable - just for your home, your interest rate, your loan amount, your taxes, and more. 

Would you like a print out, for your records and future reference? Each calculator includes a View Report button. Click it, hit print, and you have a report, customized just for you... 

Monthly Payments & Schedule

Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay and your principal balances. You can even determine the impact of any principal prepayments! Press the "View Report" button for a full yearly or monthly amortization schedule.

This Financial Calculator requires a Browser with Java Support


Definitions

Mortgage amount
Original or expected balance for your mortgage.

Interest rate
Annual interest rate for this mortgage.

Term in years
The number of years over which you will repay this loan. The most common mortgage terms are 15 years and 30 years.

Monthly payment
Monthly principal and interest payment (PI).

Total payments
Total of all monthly payments over the full term of the mortgage. This total payment amount assumes that there are no prepayments of principal.

Total interest
Total of all interest paid over the full term of the mortgage. This total interest amount assumes that there are no prepayments of principal.

Prepayment type
The frequency of prepayment. The options are: none, monthly, yearly, and one-time payment.

Prepayment amount
Amount that will be prepaid on your mortgage. This amount will be applied to the mortgage principal balance, based on the prepayment type.

Start with payment
This is the payment number that you prepayments will begin with. For a one time payment, this is the payment number that the single prepayment will be included in. All prepayments of principal are assumed to be received by your lender in time to be included in the following month's interest calculation. If you choose to prepay with a one-time payment for payment number ZERO, the prepayment is assume to happen before the first payment of the loan.

Savings
Total amount of interest you will save by prepaying your mortgage.

The mortgage calculators are provided by KJE Computer Solutions, LLC and made available to NUMBER1EXPERT as self-help tools for your independent use and are not intended to provide investment advice. We can't guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.



School Reports in Wichita, Maize, Goddard and  Andover, Kansas
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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Kansas Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
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Real Estate Tips
Bargain Properties >Get Rich Quick with Real Estate

You see them on cable TV, sitting around a swimming pool, sharing stories about how they got rich quick by buying valuable real estate for give-away prices. They took a course on how to invest in real estate and became millionaires overnight--with nothing down and no credit hassles from mortgage lenders. The course worked for them, and they say it will work for you, too.

If all this sounds too good to be true--it is! These "get-rich-quick" courses and schemes are being investigated by consumer fraud agencies around the country. This does not mean that you can't become a millionaire by investing in real estate. But investing in real estate requires one important thing from you--an investment of cash. You can't build an empire overnight, but you can do very well over the long term by selecting property in a good location that is priced well, and which can provide a reasonable cash flow.

See All Tips In The "Bargain Properties" Category >
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Real Estate Trivia
Q 
What recent hit movie features a field trip scene that supposedly takes place at Columbia University in New York?

A 
The scene in the movie "Spider-Man", where Peter Parker shoots photos of Mary Jane and is bitten by the spider, was actually filmed in the Museum of Natural History in Los Angeles, California.
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Ambrose Team, REALTOR®, real estate agent and broker for Wichita, Maize, Goddard and  Andover, Kansas home listings, property and land for sale - NUMBER1EXPERT(tm)

Ambrose Team
Keller Williams Realty

10300 W. Maple
Wichita, KS 67209
Office: 316--773-SOLD (7653)
Randy's mobile: 316.312.3079
Katherine's mobile: 316.807-5079
Randy's eFax: 316.440.9483
Katherine eFax: 316.440.9465
Info@AmbroseTeam.com
Randy@AmbroseTeam.com
Katherine@AmbroseTeam.com

Ambrose Team is a well-known husband & wife family team in Wichita, Kansas. Among the most educated & experienced REALTORS in the Wichita area they've helped over 1500 families buy & sell homes. Free Moving Truck for clients. Founders of both local Keller Williams Realty franchises.

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