Miami South Florida
Real Estate Agents, Realtor, Brokers
Mortgage Amortization
Calculator
Our
Amortization calculator provides you
with a graph of your mortgage
payments and what percentage of your
monthly payment is going to go
towards the principal and what
amount of your payment is going to
go towards the interest. This allows
you to see just how your loan is
paid down over a period of time.
As you will see the bulk of the
Interest is paid up front, while the
bulk of the principal is paid near
the end of the loan. A good way to
save on a lot of interest payments
is to add an additional amount to
each and every mortgage payment by
using a bi weekly mortgage plan.
