Mortgage Loan Payment Calculator

<BODY leftMargin=0 topMargin=0 onload="MM_preloadImages('http://www.househunt.com/img4/bulletblue_over.gif','http://www.househunt.com/img4/bulletyellow_over.gif')" marginheight="0" marginwidth="0"> <table width="100%" cellpadding="0" cellspacing="0"> <tr> <td width="150" height="132" rowspan="2" valign="top"> <div align="left"> <a href="http://www.househunt.com/"><img src="http://www.househunt.com/img4/top1.jpg" width="183" height="125" border="0"></a><br>   <SELECT onchange="MM_jumpMenu('parent',this,0)" size=1 name=select> <option selected>Please Select</option> <option value="http://www.househunt.com/states/alabama.htm">Alabama </option> <option value="http://househunt.org/cgibin/househunt/supermls/mls_search_signup-H.cgi?state=Alaska">Alaska </option> <option value="http://househunt.org/cgibin/househunt/supermls/mls_search_signup-H.cgi?state=Arizona">Arizona </option> <option value="http://www.househunt.com/states/arkansas.htm">Arkansas </option> <option 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background="http://www.househunt.com/img4/top_background.gif"><table width="100%" height="56" border="0" cellpadding="0" cellspacing="0" background="http://www.househunt.com/img4/top_background.gif"> <tr> <td height="10"><IMG height=10 src="http://www.househunt.com/img4/spacer.gif" width=1></td> <td> </td> <td> </td> <td> </td> </tr> <tr class="toplinks"> <td height="35" nowrap> <div align="center"><a href="http://www.home-loan-america.com/mortgage-calculators/MortgageQualifier.html"><b><font color="#000066">Mortgage Qualifier</font></b></a>   </div></td> <td height="35" nowrap> <div align="center"><a href="http://www.home-loan-america.com/mortgage-calculators/MortgageRefinance.html"><b><font color="#000066">Mortgage Refinancing</font></b></a>   </div></td> <td height="35" nowrap> <div align="center"><a href="http://www.home-loan-america.com/mortgage-calculators/MortgagePayoff.html"><b><font color="#000066">Mortgage Payoff</font></b></a>   </div></td> <td height="35" nowrap> <div align="center"><a href="http://www.home-loan-america.com/mortgage-calculators/MortgageRentvsBuy.html"><b><font color="#000066">Rent vs. Buy Home</font></b></a>   </div></td> </tr> </table></td> <td width="106" height="56" valign="top"><img src="http://www.househunt.com/img4/top41.jpg" width="161" height="56"></td> </tr> <tr> <td height="90" colspan="2" valign="top" nowrap> <div align="center"><img src="http://www.househunt.com/img4/youra.gif" width="287" height="42"><img src="http://www.househunt.com/img4/yourb.gif" width="246" height="42"><br> <br> <a href="http://www.homevaluehunt.com">Home Values - Search Sold Home Prices</a>            <a href="http://www.househunt.com">Real Estate for Sale - Listings</a></div></td> <td height="67" nowrap></td> </tr> </table> <TABLE width="100%" border=0 cellPadding=0 cellSpacing=0> <TR> <TD vAlign=top align=left>  <TABLE height=323 width=182 border=0> <TR> <TD class=text vAlign=bottom width=11><IMG height=1 src="http://www.househunt.com/img4/spacer.gif" width=10>Find:</TD> </TR> <TR> <TD width=170 background="http://www.househunt.com/img4/grad1.gif" height=85> <P><IMG height=20 src="http://www.househunt.com/img4/spacer.gif" width=8 align=middle> <A onmouseover="MM_swapImage('Image9','','http://www.househunt.com/img4/bulletyellow_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.househunt.com/find-homes-for-sale/a.html"><IMG height=17 src="http://www.househunt.com/img4/bulletyellow_up.gif" width=15 border=0 name=Image9><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Homes by City</FONT></STRONG></SPAN></A><BR><IMG height=20 src="http://www.househunt.com/img4/spacer.gif" width=8 align=middle> <A onmouseover="MM_swapImage('Image11','','http://www.househunt.com/img4/bulletyellow_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.househunt.org/find-agents.htm"><IMG height=17 src="http://www.househunt.com/img4/bulletyellow_up.gif" width=15 border=0 name=Image11><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Top HouseHunt "Agent"</FONT></STRONG></SPAN></A><BR><IMG height=12 src="http://www.househunt.com/img4/spacer.gif" width=8 align=middle> <A onmouseover="MM_swapImage('Image13','','http://www.househunt.com/img4/bulletyellow_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.househunt.com/invst.htm"><IMG height=17 src="http://www.househunt.com/img4/bulletyellow_up.gif" width=15 border=0 name=Image13><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Investment Property</FONT></STRONG></SPAN></A></P></TD> </TR> <TR> <TD height=51><p><IMG height=12 src="http://www.househunt.com/img4/spacer.gif" width=10 align=middle> <A onmouseover="MM_swapImage('Image16','','http://www.househunt.com/img4/bulletblue_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.home-loan-america.com/mortgage-calculators/MortgageQualifier.html"><IMG height=17 src="http://www.househunt.com/img4/bulletblue_up.gif" width=15 border=0 name=Image16><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Mortgage Qualifier</FONT></STRONG></SPAN></A><br> <IMG height=12 src="http://www.househunt.com/img4/spacer.gif" width=10 align=middle> <A onmouseover="MM_swapImage('Image17','','http://www.househunt.com/img4/bulletblue_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.home-loan-america.com/mortgage-calculators/MortgageRefinance.html"><IMG height=17 src="http://www.househunt.com/img4/bulletblue_up.gif" width=15 border=0 name=Image17><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Mortgage Refinancing</FONT></STRONG></SPAN></A><br> <IMG height=12 src="http://www.househunt.com/img4/spacer.gif" width=10 align=middle> <IMG height=17 src="http://www.househunt.com/img4/bulletblue_over.gif" width=15 border=0 name=Image18><span class="left-side-links-selected"><STRONG><FONT face="Arial, Helvetica, sans-serif">Mortgage Payoff</FONT></STRONG></span><br> <IMG height=12 src="http://www.househunt.com/img4/spacer.gif" width=10 align=middle> <A onmouseover="MM_swapImage('Image19','','http://www.househunt.com/img4/bulletblue_over.gif',1)" onmouseout="MM_swapImgRestore()" href="http://www.home-loan-america.com/mortgage-calculators/MortgageRentvsBuy.html"><IMG height=17 src="http://www.househunt.com/img4/bulletblue_up.gif" width=15 border=0 name=Image19><SPAN class=mid><STRONG><FONT face="Arial, Helvetica, sans-serif">Rent vs. Buy Home</FONT></STRONG></SPAN></A><br> </p></TD> </TR> <TR> <TD align=left> <A href="http://www.homevaluehunt.com"><br><br><br><IMG height=117 src="http://www.househunt.com/img4/couple-calc.jpg" width=168 border=0></A><BR><BR></TD> </TR> </TABLE> </TD> <TD width="160%" vAlign=top>  <table width="550" border="0" align="center" cellpadding="0" cellspacing="0"> <tr> <td> <table border="0" width="650"><tr> <td>  <div align="center"> <p> </p> <h1 align="center" class="title">Mortgage Payoff Calculator</h1> <p align="left" class="text">How much interest can you save by increasing your mortgage payment? This financial calculator helps you find out. Hit "Payment Schedule" to see a complete amortization payment schedule, and how much you can save on your mortgage! ( Java is required to run this program.)</p> <p> <APPLET name="calculator" code="MortgagePayoff.class" align="baseline" WIDTH="650" HEIGHT="470" archive="dinkytown.jar"> <PARAM name="MORTGAGE_YRS_LEFT" value="25"> <PARAM name="MORTGAGE_YRS_LENGTH" value="30"> <PARAM name="MORTGAGE_AMT" value="400000"> <PARAM name="INCREASE_BY_AMT" value="100"> <PARAM name="RATE" value="6.0"> <PARAM name="BACKGROUND_COLOR" value="E4EFF7"> <PARAM name="BACKGROUND" value="MortgagePayoff.jpg"> <PARAM name="FILE_FOR_REPORT" value="MortgagePayoffCalc.html"> This Financial Calculator requires a Browser with Java Support </APPLET> </p> </div> <FORM> <div align="center"> <INPUT TYPE="button" value="Calculate" Name="btnCallCalc" onClick="document.calculator.calculate()">   <INPUT TYPE="button" value="Report" Name="btnOpenNote" onClick="openNote('HTML')">   <INPUT TYPE="button" value="Clear" Name="btnCallCalc" onClick="document.calculator.clear()"> </div> </FORM> <BR> <span class="titletext"><B>Definitions</B></span><BR> <BR> <TABLE width=650 align="center" cellpadding="5" bgcolor="#FFFFFF"> <TR VALIGN=TOP> <TD class="text"><B>Annual interest rate:</B></TD> <TD class="disclaimertext">Annual interest rate. Maximum interest rate is 20%. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Mortgage length (years):</B></TD> <TD class="disclaimertext">Total length, or term, of your original mortgage in years. Most common lengths are 30 years and 15 years. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Original mortgage amount:</B></TD> <TD class="disclaimertext">The original amount financed with your mortgage, not to be confused with the remaining balance or principal balance. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Additional monthly payment:</B></TD> <TD class="disclaimertext">Your proposed extra payment per month. This payment will be used to reduce your principal balance. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Scheduled payment:</B></TD> <TD class="disclaimertext">Monthly principal and interest payment based on your original mortgage amount, term and interest rate. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Accelerated payment:</B></TD> <TD class="disclaimertext">Scheduled payment plus additional monthly payment. </TD> </TR> <TR VALIGN=TOP> <TD class="text"><B>Total savings:</B></TD> <TD class="disclaimertext">Total amount you would save in interest if you made the accelerated payment until your mortgage was paid in full. </TD> </TR> </TABLE> <p> </p> <hr> <center> <b><font size="3" face="Verdana, Arial, Helvetica"><a href="http://www.home-loan-america.com/mortgage-calculators/index.html">| Other Mortgage Calculators |</a> - <a href="http://www.househunt.com/">| Homes for Sale in USA |</a></font></b> </center> <p> <font size="1" face="Verdana, Arial, Helvetica"> <span class="disclaimertext">Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.</span></font> </p> <BR> </td> </tr></table> </td> </tr> </table> </TD> <TD vAlign=top><img src="http://www.househunt.com/img4/spacer.gif" width="161" height="1"></TD> <TD width="158" vAlign=top> </TD> </TR> </TABLE> <TABLE width="100%" background="http://www.househunt.com/img4/bottomln.gif" border=0> <TR> <TD vAlign=top align=left width="5%" rowSpan=2><IMG height=38 hspace=0 src="http://www.househunt.com/img4/eho.gif" width=37 align=top border=0></TD> <TD height=23 colSpan=3 align=center nowrap class="bottom-links-spacer"> <A href="http://www.househunt.com/" target=_self>Home</A> |  <A href="http://www.househunt.com/find-homes-for-sale/a.html" target=_self>Real Estate by City</A> |  <A href="http://www.househunt.org/find-agents.htm" target=_self>Find Top Agents</A> |  <A href="http://www.househunt.com/invst.htm" target=_self>Investment Property</A> |  <A 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