Mortgage Loan Calculator Description
These calculators are the result of over 35 years of feedback from users who took the time to comment and offer suggestions. We thank all of you who have contributed to these calculators. New users have access to full-featured calculators with accurate results and date accuracy. You don't have to settle for "estimates", as other websites may promise. You can now add 366 days per year. This setting affects interest calculations when compounding frequency is set to a day-based frequency (daily/exact/simple, or continuous), or when there are odd days due to an initial irregular length period. If leap years are included, the interest calculation will use 365 days. This calculator allows users to create a payment plan with any amount they choose, by not automatically recalculating the payment, such as when the mortgage amount changes.
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