Mortgage Loan Payment Calculator
Mortgage Mantra includes five loan payment
calculators to help you determine your mortgage payments for
different loan amounts, loan terms and interest rates. The Fixed
rate mortgage calculator and Adjustable Rate mortgage calculator
(ARM) include amortization tables and graphs. You can run unlimited
mortgage loan payment scenarios, save them for future reference
and compare or build reports.
Fixed rate mortgage calculator (FRM)
Each mortgage calculator is accompanied by notes and includes 'tool tips' to quickly acquaint you to mortgage terms. You can refer to the ‘Mantra Tips’ section for detailed explanation on various types of mortgages.
Adjustable rate mortgage calculator (ARM)
Interest Only option
Piggybacked or two mortgage option