Easy to use!!! Just enter in your principal amount and desired # of payments (in months), and press “Calculate”, your monthly payment (not including taxes & insurance) will appear. This information will help you better decide what price range would be best suited for you.
Directions: Enter the Principal (the amount needed to borrow), Down Payment,
Number of payments (typically 180/360 with a 15/30 year loan) and
the Interest Rate (for current rates see left section). Click on
Calculate and your monthly payment will be calculated for you. You
may adjust any numbers and recalculate the monthly amount as you
wish.