Washington Capital – Real Estate Financial Services

Length of Mortgage Payment Calculator

Mortgage payment’s length calculator

CAUTION: Do NOT rely on the results from this calculator to make financial decisions.
Interest rates vary and the tax laws change regularly.
Please contact us for assistance with your specific concerns.
Loan Information
Loan Amount:
$
Interest Rate (annually):
%
Preferring Payment Amount (princi.+ inter.):
$.


Automatic recalculation

Calculation Results
The maximum Mortgage Length: (M.)

Months
The maximum Mortgage Length: (Y., M.)

Yr(s)

Mth(s)

*Please contact us for assistance with all of your financial planning needs.

This calculator figures how long your mortgage will last depending on how much you pay monthly. Use our Payment Calculator if you do not know your monthly principal and interest payment. Input an amount higher than your payment and calculate when your mortgage will be paid based on the higher payment.

These calculations are only estimates and cannot be used to determine actual amount of time it would take to pay your loan in full if you pay a higher amount each month. Please consult your tax advisor for information on the deductibility of interest for tax purpose. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

Washington Capital – Real Estate Financial Services