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This simple calculator helps you solve for various elements of a loan by entering three known criteria. First, select a term and then click on which variable you would like to solve for (monthly principal and interest payment, loan amount, or target interest rate). Enter the two remaining variables. Click anywhere within the calculation form and the calculator will solve for the selected variable.
         
Basic information:
Which mortgage term would you prefer?

Figure my:
Annual Interest Rate:
Loan Amount:
Monthly Payment:
(Payment is principal and interest only.
Does not include taxes and escrow)
 
*The estimates calculated here are for comparison purposes only. They do not constitute an agreement with The Trust Bank or any other financial institution.