A mortgage calculator shows your mortgage payment based on the home price, down payment, interest rate, and loan term.

Choosing whether to recast depends on how large of a payment you can make and whether you want a lower monthly payment or an ...

These ratios reflect how much of your gross monthly income goes toward your mortgage payment and other debt costs, and they're an important factor in determining whether you qualify for a loan ...

For example, a 30-year fixed-rate mortgage would have 30 years x 12 months = 360 payments. Put the values into the formula: Once you have the monthly interest rate and the total number of payments ...