Monterey Bay Mortgage820 Bay Ave. Suite 206Capitola, CA 95010Phone: 831.462.3630Fax: 831.462.3136 Instant Callback Email Us
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A Government home loan, insured by the FHA for seniors age 62+.
Amortization Schedule and Calculator Below you'll find a simple loan calculator which allows you to input different interest rates, loan amounts, and mortgage length so you can estimate your monthly payment. Plus, you can also view and amortization schedule of a loan which will show you how much of your payment goes towards the principle and how much towards interest. This loan calculator should be used only as an estimation as it doesn't allow for taxes and insurance.
Disclaimer: The calculated results shown above are based on conventional loan program guidelines. Other loan programs are available and may provide results that better fit your individual needs. Calculations completed within this tool are estimates and are not guaranteed to be accurate.