Colonial Properties
3049 Veterans Blvd.
Pigeon Forge, TN 37863
Toll Free: 800.336.1899
Local: 865.453.3333
Fax: 865.774.3554
Info@ColonialProperties.com
 Gatlinburg
 
 
 
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Dottie Leach
865.318.9336
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  Mortgage Calculator & Amortization Schedule
 Loan Date =   Sales Price ($) =
 Interest Rate (%) =   Amortization (years) =
 Term (years)* =   Down Payment (%) =

 *Set the Term to fewer years for a balloon payment
Check here to include an Amortization Schedule
 Instructions
 Loan Date: The starting date of the loan.
 Sales Price: The sales price of the property. Or, if you set the "Down Payment" to zero, the actual loan amount.
 Interest Rate: The annual interest rate of the loan.
 Amortization (years): The number of years over which the interest of the loan is calculated.
 Term (years): The actual length of the loan. Must be equal to or less than the "Amortizaton Years". Setting this to a smaller number of years than the "Amortization Years" will allow you to calculate a balloon payment type of loan.
 Down Payment: If you know the actual loan amount you can set this to zero. In that case, the "Sales Price" will be used as the actual loan amount.