Note: This interactive calculator is intended as an educational tool but not as investment advice. The information presented isn’t designed to advise you of strategies which are applicable to your specific situation but rather to highlight issues for your consideration. Therefore, you should always consult your financial or tax advisor. Your own goals will help you to develop a specific financial strategy.
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Enter a valid value for the total mortgage amount
Enter a valid value for mortgage term in years
Enter a valid value for the mortgage interest rate
You are paying %RESULT_INTEREST% in total interest on your mortgage.
Your payments should be approximately %RESULT_PAYMENT% per month.