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    News and Information

    Calculator: What Will My Monthly Mortgage Payment Be?



    Because a mortgage is such a large loan, small changes in interest rate or loan term can make a big difference in your payment and how much mortgage you can afford.

    Use this calculator to play with different scenarios to see what will work best for you. And talk to your credit union mortgage loan officer for information about your options.



    Loan amount   $
    Loan term (years)  
    Annual property taxes   $
    Annual property insurance   $
    Interest rate  



    MONTHLY PAYMENTS:
    Principal and interest   $
    Taxes and insurance   $
    Total monthly payment   $


    This calculator is solely for informational purposes and provides reasonably accurate results; the calculations are not intended to be relied upon as actual mortgage payment computations.

    Published May 5, 2000
    Federally Insured by NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
    We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act.