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ERA
Martin & Associates Online Calculator
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To use this calculator: - Select
the year in which the first payment will start from the drop-down menu.
- Enter
the amount of the mortgage.
- Enter
the interest rate for the mortgage.
- Select
mortgage length from drop-down menu.
- Press
the calculate button.
- The
payment and interest amounts will appear in their respective boxes.
- To
start over press the reset button and repeat the process.
- To
check the amortization off the loan, press the amortize button. A new window will
open and the amortization schedule for the loan amount entered will appear.
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