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Real Estate Resources

Mortgage Calculators

We offer you the following calculators to help you answer important financing questions. There are a number of ways to approach an affordability analysis, and these calculators allow you to assess the effects of different variables when buying a home.
 
Mortgage Calculators
Glossary of Terms
Different Mortgage Loan Types
Real Estate Advice
Real Estate News
Real Estate Reports
The Selling Process
Refinancing Information
The Woodlands Tax Information

Mortgage Payment Calculator w/Amortization
This calculator will compute a mortgage's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate.  This calculator will also compute your total mortgage payment which will include your property tax, property insurance and PMI payments.  Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out.

Mortgage loan amount: Explain/Instruct
Annual interest rate (APR):
Mortgage loan term (# years):
Annual real estate taxes:
Annual homeowners insurance:
Monthly PMI (Private Mortgage Insurance):
?Monthly Principal and Interest Payment: Explain/Instruct
?Monthly Taxes, Insurance and PMI payment:
?Total monthly mortgage payment:


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Gloria & Mike Mechaley
6620 Woodlands Parkway  •  The Woodlands, Texas 77382
Phone: Direct Gloria 281-682-2204  •  Direct Mike 281-682-2203
Office Phone: 281-367-7770  •  Fax: 281-362-2525

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