Purchase Money Mortgage Balance Calculator

house This calculator will estimate the mortgage balance owed at the end of the initial payment term when the loan payment has been calculated on a longer term in order to make the payment more affordable in the near term.

Loan amount:
APR:
Monthly P&I mortgage payment :
Years before loan is payable in full:
Mortgage balance after specified number of years:

 

Today's Best Ashburn Mortgage Rates

Our rate table lists the best current Ashburn mortgage rates available from our lender network. Set your search criteria by entering your loan data and selecting the relevant products from the dropdown, click search and we'll help you compare the market by showing you the most relevant offers for Ashburn homeowners.

 

House and Money.

Key Tips & Advice

Things to consider when buying a home:

  • While the 30-year mortgage is the most popular term in the United States, a 15-year term builds equity much quicker;
  • Home buyers in the US move on average of once every 5 to 7 years;
  • Early mortgage payments apply primarily to interest rather than the principal;
  • Using a shorter loan term, paying extra & making bi-weekly payments can better help offset any transaction-based expenses.

Key Tips & Advice

Things to consider when buying a home:

  • While the 30-year mortgage is the most popular term in the United States, a 15-year term builds equity much quicker;
  • Home buyers in the US move on average of once every 5 to 7 years;
  • Early mortgage payments apply primarily to interest rather than the principal;
  • Using a shorter loan term, paying extra & making bi-weekly payments can better help offset any transaction-based expenses.

Do Home Prices Always Go Up?

In the United States real estate prices have went up about 6-fold since 1970.