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by Answerbag Staff on September 18th, 2003

Answerbag Staff

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How do I calculate the total amount a mortgage will cost over the life of the loan?

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  • by rhymez0r on September 4th, 2004

    rhymez0r

    http://calc.usbank.com/calculators/Show?page=MortgageLoan_sl.html

    Enter in your interest rate, loan term in years, and mortgage amount. Note that if your interest rate is adjustable, this would only provide an estimate of your total cost.

    You can safely ignore prepayment.

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