This calculator determines your mortgage payment and provides you with a mortgage payment schedule. The calculator also shows how much money and how many years you can save by making prepayments.
To help determine whether or not you qualify for a home mortgage based on income and expenses, visit the Mortgage Qualifier Tool.
Note: As of July 9, 2012, the maximum amortization period for mortgages with less than a 20 percent down payment is 25 years.
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