Kaye & Charlie Jones
The Best of Maryland's Eastern Shore

Mortgage Calculator

This calculator computes monthly mortgage payments based on principal, interest and term. Mortgages are compounded monthly. Simply enter all the numbers above the Calculate Button, then click the Calculate button.

This calculator is provided for your convenience. It is to be used as a guideline only. Always rely on your mortgage loan officer for exact mortgage calculations and qualification information.

Term (Years) =
Yearly Interest Rate (%) =
Cost of Home ($) =
Downpayment (%) =
Downpayment Required =
Mortgage Principal =
Monthly Payment =

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Kaye and Charlie were truly my relocation specialists upon my move from the Southwest. With their excellent guidance, dedication and honesty, I was guided to the home that best suited my needs. I have recommended them in the past and continue to do so today. At this point, they seem very much a part of my Salisbury family.
- Kim


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