
Pat Moritz, CRS (713) 7243236




LOAN CALCULATOR

Enter information regarding your loan in the calculator above. Things to keep in mind:
 Principal Amount of Loan  Enter the beginning balance of the loan. For mortgage loans, this is usually determined by adding the home purchase price and closing costs, then deducting the down payment.
 Annual Interest Rate  This calculator requires an interest rate between 1.0% and 50%. You may enter any increments above 1.0%  for instance, 8.125% would be valid to enter.
 Term of Loan  Must be at least 1 year. Enter increments of whole years using a decimal point. For instance, you would enter 1 ½ years as 1.5 years.
 Monthly Loan Payment will be calculated after you enter information and click on the "Calculate" button.

REMINDER: If this is a mortgage loan, the monthly payment does NOT include an amount for property taxes and/or insurance.



Pat Moritz, ABR, CRS
Houston International Realty
26202 Oak Ridge Dr. Bldg B
Spring, TX 77380
Direct Line: (713) 7243236 Fax Line: (281) 3622575
email: Pat@PatMoritz.com

