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Input Fields:
Title		A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.
Lender		The name of your potential lender. This field is not required but may help if you have printed out several loan scenarios.
Sale Price		The sale price for your property. (NOT the amount of money you plan to borrow.)
Down Payment		The amount of money you plan to put as a down payment on your property.
Interest Rate		The annual percentage rate you will pay for this loan.
Length of Balloon Period		The length of your balloon mortgage or loan. Your balance or 'Balloon Payment Amount' will be due at this time. Also choose whether 'Length of Balloon Period' is years or months.
Length of Amortized Interest		The monthly payment and interest are calculated as if the mortgage or loan were being paid over this length. Also choose whether 'Length of Amortized Interest' is years or months.
Additional Principal		The additional amount you will pay each month (over the required 'Monthly Payment' amount) to pay down the principal on your loan.
Points		The number of points (or percentage of the loan amount) you'll be paying to close this loan. Check 'Roll into Loan' if the cost of the loan points is being financed and included in the 'Loan Amount'.
Other Closing Costs		Any other costs you'll be paying during the closing of your loan. These might be costs like the appraisal, property taxes, property insurance, title insurance, realtor fees, etc. Check 'Roll into Loan' if your closing costs (not to include loan points) is being financed and included in the 'Loan Amount'.
Output Fields:
Monthly Payment		'Principal' + 'Interest' + 'Additional Principal' (where applicable) to be paid each month. Actual payment could include escrow for insurance and property taxes plus private mortgage insurance (PMI).
Balloon Payment Amount		The amount due at the end of 'Length of Balloon Period'.
Loan Amount		'Sale Price' - 'Down Payment' + 'Points' (if rolled into loan) + 'Other Closing Costs' (if rolled into loan).
Total Interest		Total amount of interest you will pay over 'Length of Loan'.
Total Paid		Total amount of principal + interest you will pay over 'Length of Loan'.
Payoff Time		Amount of time until the loan is paid off.
Number of Payments		The number of payments you will make to pay off the loan.
Annual Cost		The amount of money you will pay each year for this loan.
Points Amount		The points percentage applied to the amount you borrow gives the dollar amount the loan points will cost.
Total Property Cost		Total cost of this property when you include the 'Sale Price', 'Points Amount', 'Other Closing Costs' and the 'Total Interest' to be paid on the mortgage.
Buttons and Checkboxes:
Show Amortization		When checked, a section will appear below the calculator showing the complete amortization table.
Help		Brings up this Help window.
Clear		Clear (Use your browser's 'Refresh' or 'Reset' to restore default values.)
Printer Friendly		Print Ready Format
Show Formulas		Show Calculation Formulas
Related Calculators		Related Calculators
Show Additional Fields		Show Additional Fields
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All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Mortgage calculator results are based upon conventional program guidelines. Other loan programs are available. Further review by a professional is necessary to obtain exact and complete information and available options for your personal circumstances.
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