Reviewed by: David Chen, CFA
David Chen is a Certified Financial Analyst with over 10 years of experience in mortgage calculations and financial analysis.
David Chen is a Certified Financial Analyst with over 10 years of experience in mortgage calculations and financial analysis.
Use this calculator to swap principal and interest amounts in a mortgage calculation. You can calculate missing values like loan amount, monthly payment, interest rate, and loan term.
Mortgage Calculator Interest and Principal Only Swap Calculator
Not calculated yet.
Mortgage Calculator Formula
Monthly Payment (Q) = [Loan Amount (F) × Interest Rate (P) × (1 + Interest Rate (P))^Loan Term (V)] / [(1 + Interest Rate (P))^Loan Term (V) – 1]
Formula Source: Investopedia
- Loan Amount V}