How a mortgage calculator can help ?

Buying a Real-Estate-Property is one of the largest purchase most people will make, so you should think carefully about how you’re going to finance it. You can adjust the property price, down payment and mortgage terms to see how your monthly payment will change.

Monthly & Lifetime payments

Your monthly mortgage payment will depend on your Property price, Down payment, Loan term, Property taxes,Insurance, and Interest rate.

What is Amortization Schedule Graph?

showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term.

Initially, most of your payment goes toward the interest rather than the principal. The loan amortization schedule will show as the term of your loan progresses, a larger share of your payment goes toward paying down the principal until the loan is paid in full at the end of your term.

Understanding an Amortization Schedule

In an amortization schedule, the percentage of each payment that goes toward interest diminishes a bit with each payment and the percentage that goes toward principal increases.