You can calculate the estimated monthly principal and interest payment given a mortgage amount, loan term and an Annual Percentage Rate (APR).
Mortgage amount ($):
Mortgage amortization in months: (E.G: 25 Year mortgage=300 months)		Your     Monthly Payments
Annual Loan Rate:
If you would like to find out your affordability of this prospective payment please enter your gross annual income and click submit.
Income:($)		Do I Qualify?
N. B. This is not a loan approval. This calculator is designed to give you a general idea of what you can afford when you wish to purchase a home.