### The Basics

This calculator will help you to determine the current remaining outstanding balance on your mortgage based on the number of payments you have made.

Enter the original loan amount, the APR along with the loan term in years.

### Choose a Starting Point

To calculate the current remaining loan balance this tool needs to know how far you are into the payment schedule. Enter any of the following three & this tool will calculate the rest:

- how many payments you have already made
- how many payments you have left
- when the loan was originated

### Entering Monthly Loan Payments

If you have made loan payments in accordance with the regular amortization schedule you do not need to enter the monthly payment amount.

If you have paid more than the minimum monthly payments, please enter the amount you paid which went toward principal and interest. For example, if your normal loan payment was $1,450 but contains $250 in taxes and insurance you would subtract $250 from whatever you paid to obtain the amount of your payment that went toward principal and interest. If you regularly paid $1,900 instead of $1,450 then it would be entered as $1,650 (which is $1,900 - $250).

### Current 30 YR Fixed Mortgage Rates

The following table highlights locally available current mortgage rates. By default 30-year purchase loans are displayed. Clicking on the refinance button switches loans to refinance. Other loan adjustment options including price, down payment, home location, credit score, term & ARM options are available for selection in the filters area at the top of the table.