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Mortgage Amortization Calculator (8b)

Amortization Schedule Including Property Appreciation

Who This Calculator is For: Borrowers who want to know how long it will
take for amortization on an FRM combined with property value appreciation
to reduce the ratio of loan balance to property value to some desired level.

What This Calculator Does: This calculator shows monthly amortization on
an FRM, property value appreciation expected by the user, and the ratio
of loan balance to expected property value.

 

Enter Loan Information
  New Loan Amount or Existing Loan Balance  (e.g. 100000)
  Interest Rate  (e.g. 7.50)
  New Loan Term or Period Remaining on Existing Loan, in Months  (e.g. 360)
  Loan Amortization Schedule to Start in:
  Current Value of Property
  Property Rate of Appreciation (Per Year)
  Percent of Loan to Value Desired (e.g. 80)

DO NOT USE DOLLAR SIGNS ($), COMMAS (,) PLUS SIGNS ( + )
OR PERCENTAGE SIGNS (%) IN ANY INPUT BOXES

 
If you have not made any extra payments on your loan, this is the original term less the number of monthly payments that have been made. If you have made any extra payments, you can find the period remaining by clicking here and entering your current balance, rate, and monthly payment. Make sure the payment is principal and interest only. (hover over yellow icon to make this pop-up disappear) On old loans, the period remaining equals the original term less the number of monthly payments you have made, provided you have not made any prepayments. If you have made prepayments, go to the Monthly Payments on Fixed Rate Mortgages calculator, enter the payment and derive the current term.