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Mortgage Payment Calculator

What will my loan payments be?

This calculator helps you determine the amount of your monthly payments for a loan or line of credit. You can use this calculator for any type of loan, including a mortgage, car loan, home equity loan, or home equity line of credit (HELOC).

Loan Type - The payments on a fixed-rate loan will stay the same for the life of your loan. The payments on an interest-only loan do not include principal. Loan type*:
Loan Amount - Enter the amount you plan to finance. For example, if you are buying a $300,000 home with a 20% down payment, your loan amount would be $240,000. Loan Amount*:
Interest rate - Enter the interest rate that you will pay. You can find current mortgage rates from Freddie Mac at www.freddiemac.com. Interest rate*:
Term - "Enter the term you desire for your loan. Common mortgage terms are 15, 25 and 30 years. Loan Term (in years):
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Asterisk (*) indicates required fields.

Prime Mortgage Rates

Mortgages Today
30-Year Fixed Mortgage 5.42%
15-Year Fixed Mortgage 4.87%
5/1 ARM 4.99%
Disclosures>> Updated: 6/25/2009
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