The APR Mortgage Calculator (Annual Percentage Rate) is designed to show you exactly what your P and I (Principle and Interest) will be on a monthly basis. This will also total your closing costs and give you a close estimate of what they will be. Just type in the loan amount, percentage of the down payment or down payment amount, loan term in years, and your interest rate to find out how much your principle and interest payment will be for your first month.
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it’s applicability to your financial situation. Please consult your own financial advisor.