Principal Amount of Loan - Enter the beginning balance of the loan. For mortgage loans, this is usually determined by adding the home purchase price and closing costs, then deducting the down payment.

Annual Interest Rate - This calculator requires an interest rate between 1.0% and 50%. You may enter any increments above 1.0% -- for instance, 8.125% would be valid to enter.

Term of Loan - Must be at least 1 year. Enter increments of whole years using a decimal point. For instance, you would enter 1 ½ years as 1.5 years.

Monthly Loan Payment will be calculated after you enter information and click on the "Calculate" button

 



 


RANDY REDDING
211 Second Street - Sausalito, CA 94965
Phone: (415) 331-9000 EXT 216 Fax: (415) 332-6923