Mortgage Payment Calculator        
PAYMENT OPTION 1     PAYMENT OPTION 2  
Interest Rate     Interest Rate  
Term     Term  
Mortgage Amount     Mortgage Amount  
Payment     Payment  
 
Compare Payments  
   
   
   
 
Do interest rates matter? Less than you think. Enter the lower interest rate along with the mortgage amount and term in PAYMENT OPTION 1, and the higher interest rate mortgage amount and term in PAYMENT OPTION 2. Click on Compare Payments
 
1. Principal & Interest - Fully amortizing payment ( i.e. principal & interest)
2. Bi-Weekly - 1/2 of the fully amortizing monthly payment paid every two weeks
3. Interest Only - Interest only payment - no principal reduction