Where’s your amortization calculator?
Q: About 4 years ago I used your online mortgage calculator to calculate a land contract between my parents and me. It made a table for 22 years and broke downs interest, principal and the balance by the month and year. I've lost the chart! And I cannot find another calculator to help. Is there any way you can help me out? I have the exact figures of the initial principal, the term (22 years), the interest rate, and the starting date 5-1-09. I would greatly appreciate any help you can give me.
A: Our mortgage calculator is still there, but we did make some changes to it a couple of years ago to improve the display and such. You'll want to visit www.hsh.com/calc-amort.html and plug in your numbers. Once you click the calculate button at the bottom of the calculator, jump to the annual results at the bottom of the screen. On the left side of the display, before each year, you will see a [+] symbol. Click it to reveal a payment-by-payment breakdown for the year, including principal, interest and remaining balance.
If you like, you can print the annual summary, or expand each year that you need to see, and then print. Be sure to use your browser's "print preview" button to adjust margins and such so that all the numbers you need to see will show on the page.
More help from HSH.com
7 reasons to refinance nowFalling rates bring new chances for homeowners to refinance, while also allowing potential homebuyers to qualify for larger mortgage loans without increasing their monthly payment.
12 essential tax questions for homeownersKnowing the answers to these 12 critical tax questions will help homeowners keep their tax bill as low as possible.
Mortgage Rates Radar 02/09/2016: Fixed Rates Fall to April 2015 LevelsHSH.com releases its latest Weekly Mortgage Rates Radar showing that the 2016 downturn for mortgage rates continues unabated, as financial market turbulence and slow economic growth continue to drive rates downward. The Weekly Mortgage Rates Radar reports the average rates and points offered by lenders for the two most popular types of mortgages, the conforming 30-year fixed-rate mortgage and the conforming 5/1 adjustable-rate mortgage (ARM).
12 ways to get the lowest mortgage refinance ratesTo get the lowest mortgage refinance rates, first prepare your finances and then shop for interest rates with certain strategies in mind. Here are 12 ways to ensure you lock in the lowest refinance rate possible.
How to avoid a VA foreclosureIf you're in a VA mortgage and finding it increasingly difficult (or impossible) to make your mortgage payments, you'll need to take action if you want to keep your home from falling into foreclosure.