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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Buying my first home was an unexpectedly easygoing experience with the care and guidance from Kaye and Charlie Jones. I was very impressed by the way Kaye and Charlie took the time to meet with me, establish a rapport, and listen to exactly what I was looking for in anticipation of looking for my first home. From day one, I was their first priority in searching for a home. After finding the perfect home, I was guided through each pertinent step in reaching settlement without anxiety. I will refer anyone I know looking for a home or selling a home to work with Kaye and Charlie.
- Melissa


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