Mortgage Interest Calculator

Here is a cool tool to let you calculate how much your new house is going to cost you. You can also use the tool to calculate your monthly payments for your car but make sure that you put the Marginal Percentage Rate as 0. Use tab to advance to the next field.

Sale Price

Actual Price of new home/vehicle

% Down Payment

Percentage of down payment

Loan Balance

Actual Amount of Loan

Interest Rate

Interest Rate in Percentage

# of Payments

Total Number of Payments

Monthly payment

Your Actual Monthly Payments

Marginal Tax % Rate

Your State+Federal Marginal
Tax Percentage

Inflation %age

Estimated Inflation Rate.

Summary

Total Interest

Tax Adjusted Interest

Total Tax Adjusted Interest in Today's Dollars

Total Payments

Tax Adjusted Payments

Total Tax Adjusted Payments in Today's Dollars