Mortgage Calculator Loan Amount : Interest Rate (%): Loan Term (years): Monthly Payment: Total Payment: function calculate() { var loanAmount = document.myForm.loanAmt.value; var loanTerm = document.myForm.term.value; var interestRate = document.myForm.interestRate.value; var monthlyPayment; var totalPayment; //Calculate Monthly Payments var x = Math.pow(1+interestRate/12, loanTerm*12); monthlyPayment = (loanAmount*x*interestRate/12)/(x-1); //Calculate Total Payments totalPayment = loanTerm*12*monthlyPayment; document.myForm.monthlyPayment.value = monthlyPayment; document.myForm.totalPayment.value = totalPayment; } Finding the Right Mortgage Calculator If you’re looking for accurate and reliable mortgage calculators, look no further than Dinkytown! With a wide range of calculators for different mortgage types, Dinkytown is the perfect tool to help you figure out exactly what you need. Figuring out your mortgage can be complicated, so it’s important to choose the right calculator for your specific situation. The first choice you’ll have to make is deciding between a fixed rate and an adjustable rate mortgage. The fixed rate mortgage will have a set interest rate for the life of the loan, while an adjustable rate mortgage will have a set interest rate for a few years before it changes. Depending on the market conditions, one option might be better than the other. If you prefer a fixed rate mortgage, Dinkytown offers several calculators designed for those specific needs. You can figure out monthly payments, total interest payments, and more. This type of calculator helps you determine how long it would take to pay off your loan and how much you’ll save in interest. If you’re looking for a more comprehensive calculator, this is the one for you. On the other hand, an adjustable rate mortgage can be less risky depending on the market. With Dinkytown, you can choose a calculator specifically designed for adjustable rate mortgages. These types of calculators can help you figure out how much your loan amount changes over time and how much you could save in the long run. It can also be helpful to see how the interest rate changes and how it affects your monthly payments. No matter which type of mortgage calculator you're looking for, Dinkytown has you covered. With a variety of calculators for every type of mortgage, you can make sure you get the most accurate information and best advice for your loan. Whether you’re looking for a fixed rate or adjustable rate calculator, Dinkytown makes it easy to compare different mortgage calculators and get the best one for your needs.