Welcome to Finger Lakes Mortgage - Registered Mortgage Broker NYS Banking Department

Welcome to Finger Lakes Mortgage - Registered Mortgage Broker NYS Banking Department
 

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Click here to return to home page
Click here to learn about FInger Lakes Mortgage
Click here to learn about various loan programs
Prequalify for a mortgage loan with this EZ form
Click here to use our EZ application form
Use this mortgage calculator to determine payments - how much you can afford and more
Click here for a glossary of Mortgage terms
Click here for contact information

Finger Lakes Mortgage
4 East Main Street
Honeoye, NY  14471

Phone (585) 229-5665
Fax      (585) 229-5010

Mortgage Brokers are not
empowered to make loans.
Loans are arranged through
3rd party providers.



 

Mortgage Amortization Calculator

 

This is a calculator which allows you to insert various interest rates, loan amounts, and mortgage length resulting in an estimated mortgage payment.The  amortization schedule will indicate how much of your payment goes towards the principle and how much towards interest. This calculator is used only as an estimate and does not allow for various property taxes, insurance and other annual expenses that may occur.

1. Select the year your first payment begins (began).
2. Enter the mortgage amount.
Do not use commas or periods or $.
    Example: if your annual income is 45,000 per year enter 45000.

3. Enter Interest Amount.
4. Select length of term.
5. Select payment frequency.
5. Click "Calculate"
6. Your results will appear in the boxes below.
7. To amortize simply click the "Amortize" button.
First Payment Year
Mortgage Amount
Interest Rate %
Mortgage Length Years
Payment Frequency
  
Payment Amount
Total Interest