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Amortization Schedule and Calculator

Below you'll find a simple loan calculator which allows you to input different interest rates, loan amounts, and mortgage length so you can estimate your monthly payment. Plus, you can also see an amortization schedule of a loan which will show you how much of your payment goes towards the principle and how much towards interest. This loan calculator should be used only as an estimation as it doesn't allow for taxes and insurance.

Mortgage Calculator
First Payment Year
Mortgage Amount
Interest Rate	%
Mortgage Length	Years

Mortgage Calculation Results
Payment Amount
Total Interest
DISCLAIMER: The figures above are based upon conventional program guidelines. Other loan programs are available. Calculations by this tool are believed to be accurate, yet are not guaranteed. Further review is necessary to obtain an exact qualification. If you have less than 20% equity in your home, a monthly mortgage insurance payment may be required.

Great Lakes Loan Centers, LLC
325 N. Wells St. #1020
Chicago, IL. 60610

Phone: (312) 644-0500
(312)-329-1800
Fax: (312) 803-0021

Toll Free: (800) 949-4552

Illinois residential mortgage licensee MB.0006488. Minnesota mortgage licensee 20333729. California lender license 603 8565. Oregon license ML 2682. Michigan Licenses FL-0010421and SR-0010422.

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