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Hi, how to calculate mortgage payment for a home loan. That's going to be the discussion
for today's topic. My name is Adriel Torres. I'm the owner of Ultimate Credit Today.Com.
To calculate a mortgage payment you have to have three figures. You have to have the interest
rate, you have to have the amortization which typically now most mortgages are going to
be 30 years so 30 and you need your loan amount. Once you have those three figures you can
plug them into a mortgage calculator and you'll have your mortgage payment. And by the way
you can find thousands of mortgage payments on line. Just go to your search engine type
in mortgage calculator and just use any of the ones available on line. But please don't
forget to also add your taxes and your insurance to that amount because ultimately you're responsible
for that as well. And that's how you calculate the mortgage on a home loan. My name's Adriel
Torres. I'm the owner of Ultimate Credit Today.Com. Thank you very much.