How to Calculate a House Payment?

Answer There are many factors involved in determining a monthly house payment. You must determine the mortgage amount, or amount borrowed to purchase the house, the interest rate, the term of the loan, pr... Read More »

Top Q&A For: How to Calculate a House Payment

How do I calculate the interest for a house payment?

Figure Monthly Interest RateConvert the annual interest rate on your mortgage to a monthly interest rate by multiplying by 1/12. For example, if the annual interest rate is 7.8 percent, would would... Read More »

How to Calculate a House Payment on a $300,000 Loan?

Most people have to take out a mortgage when they buy a home. When you have a mortgage, you typically make monthly payments until the loan is repaid. With a fixed-rate loan, the payment remains t... Read More »

How do I calculate house payment including PMI& taxes?

Calculate House PaymentCreate a spreadsheet in the spreadsheet application of your choice and input the formula "=PMT(A%/12,B,C)". Replace "A" with the interest rate of your loan. Replace "B" with ... Read More »

How to Calculate How Much Is Needed for a Down Payment on a House?

You have just tied the knot, and now you are ready to move into your dream home. You want to know how much of a deposit you need to put down on your home so that you can afford the payments in the ... Read More »