How to Figure Out a House Payment?

Answer Many people dream of buying a home. There are a lot of good financial reasons to purchase a home: income-tax-deductible mortgage interest, a potential increase in property value, and home equity th... Read More »

Top Q&A For: How to Figure Out a House Payment

How do I figure out a mortgage payment?

Principal FactorMultiply the principal on the mortgage by the interest rate per month due on the mortgage. For example, with a $150,000 loan for 6 percent per year due in 30 years, then the interes... Read More »

How do I figure a minimum payment due on a credit card balance?

Information You NeedGather the information you will need to calculate the minimum monthly payment. These include the average daily balance for the most recent statement period and the minimum month... Read More »

How do I Figure Payoff Time Knowing the Interest, Principal & Monthly Payment?

It pays to know how to calculate loan payoffs. Knowing the terms and conditions you can calculate the payoff for a mortgage loan, automobile loan, credit card, home equity line of credit or persona... Read More »

How to Calculate a House Payment?

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 »