The Mortgage Calculator tool allows users to estimate their monthly mortgage payment based on key financial inputs. It is useful for home buyers, real estate agents, and financial planners who want quick and clear insights into loan affordability. The tool also includes options to export the results in printable, PDF, or Excel formats for recordkeeping and further analysis.

Mortgage Calculator Instruction Manual

• Step 1: Enter the total purchase price of the home in the Home Price ($) field.
• Step 2: Enter the amount of money you plan to pay upfront in the Down Payment ($) field. This amount will be subtracted from the home price to calculate the actual loan amount.
• Step 3: Input the Annual Interest Rate (%) applied to the mortgage loan. Use decimal points for partial percentages (e.g., 6.25).
• Step 4: Enter the total number of years over which the loan will be repaid in the Loan Term (years) field.
• Step 5: Click the Calculate button to process the mortgage. The tool will display the estimated monthly payment.
• Step 6: After the result appears:
  • Click Print Schedule to view and print the amortization schedule.
  • Click Export PDF to download the full mortgage calculation as a PDF document.
  • Click Export Excel to download the details in a spreadsheet format.
• Important Notes:
  • All fields must be filled out to receive a result. Blank or invalid entries will prevent calculation.
  • The tool assumes a fixed interest rate and standard amortization for simplicity.
  • No personal data is stored or transmitted. All processing is handled locally in your browser.