Mortgage Calculator ^top

Use our Mortgage Calculator to help you determine the mortgage loan financing amount for which you could potentially qualify. These calculations are based on standard guidelines that lenders use to determine loan amounts that borrowers are eligible to receive. Some of the factors used to determine how much money may be financed include income, total mortgage payments, and total debt payments. Mortgage Calculator will display the results along with an amortization payment schedule, if desired.

Interest Rate

Enter the interest rate of the loan, without percentage sign; for example, enter as 8.5% as 8.5 not .085

Rate %

Term of Loan

Number of months or years to borrow.

Term of Loan Months Years

Payment Frequency

You choose how to repay the loan.

Payment Frequency Bi-weekly Monthly

Monthly Gross Income

Monthly Gross Income

Other Monthly Mortgage Expenses

Private Mortgage Insurance (PMI)

Real Estate Taxes

Home Insurance

Homeowners, Condo / Co-op Maintenance

Monthly Debt Expenses

Total Car Payments

Total Credit Card Payments

Total Other Monthly Debt Payments

Payment Amortization Schedule

Show the dollar amounts apportioned to principal and interest?

Yes No

Note: The Mortgage Calculator is intended to provide approximate information about your loan payments and does not constitute an offer to extend credit. Your actual payment information may vary. Please contact the Credit Union for exact payment information.