Graphic Mortgage Calculator

For a user-friendly mortgage calculator, enter in your data below and hit calculate – a very nice graphical representation of the rest of your mortgage is provided. It’s nice to see a mortgage calculator with a little artistic flare! :) For a more in-depth explanation and for slightly more detailed reporting, you can visit the website of this calculator provider,
Preet Banerjee
Preet Banerjee an independent consultant to the financial services industry and a personal finance commentator. You can learn more about Preet at his personal website and you can click here to follow him on Twitter.
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Showing 5 comments
  • moneygardener

    very cool calculator, thanks!

  • MillionDollarJourney

    How often is the interest compounded with this calc?

  • Preet

    You’re welcome MG – glad to be of service. :)

    FT – I don’t know, but I sent an email to MLCALC for clarification and will let you know what they tell me.


  • kolcun

    Another really nice one –

  • Preet

    Hi FT – here is what MLCALC said:

    Interest is calculated monthly, using standard US formula:
    M = P * ( J / (1 – (1 + J) ^ -N))
    J = I / (12 x 100)
    I = Annual interest rate
    P = Principal
    N = Number of months