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Interest Only vs. Principal & Interest Mortgage Calculator

Interest Only vs. Principal & Interest Mortgage Calculator

This calculator will help you to compare the monthly payment amounts for an interest-only mortgage and a principal-interest mortgage. Also included are optional fields for taxes, insurance, PMI, and association dues.

Mortgage loan amount
Mortgage interest rate (%)
Mortgage loan term (# years)
Optional: Annual real estate taxes
Optional: Annual homeowners insurance
Optional: Monthly PMI (Private Mortgage Insurance)
Optional: Monthly association dues
Monthly Principal and Interest Payment
Monthly Taxes, Insurance, PMI and dues
Total monthly mortgage payment

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