Mortgage Loan for Purchase Price and Down Payment

Use this mortgage calculator to determine your monthly mortgage payment based on your purchase price and down payment. It can also to generate an estimated amortization schedule for your mortgage. Enter prepayment amounts to calculate their impact on your new mortgage.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.


Merchants Bank
102 E 3rd Street
Winona, MN 55987

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

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