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Mortgage Amount
$
Loan Rate
An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment.
% (APR) - 🛈
Number of Years for loan
N of Years - 🛈
years
Annual Mortgage
Per year
Monthly Mortgage
Per month
Total Payout
N of Years
Interest
outstanding balance of mortgage
As monthly mortgage payments are made, the mortgage principal is reduced.
Principle - 🛈
Amount owed at a particular moment in time during the mortgage loan term.
Balance - 🛈
0
1