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Hi, how to figure out a mortgage payment. That's going to be the subject of today's
discussion. My name is Adriel Torres. I'm the owner of Ultimate Credit Today.Com. To
figure out a mortgage payment you have to have three numbers. The first number is going
to be your interest rate, your second number is going to be the time of your mortgage most
of them are 30 years now a days and your third is your loan amount. Once you have those three
figures you can go on line and search for a mortgage calculator. They're thousands out
there and they basically all do the same thing and they all require those three numbers.
Once you have those three numbers, plug them in accordingly and it'll give you you mortgage
payment which is only principle and interest. You also have to add your taxes and your insurance
which are due to the insurance company and to your county. And make sure you add those
two number and that will give you your complete total monthly mortgage payment. And that's
how you calculate a mortgage payment. Again my name is Adriel Torres I'm the owner of
Ultimate Credit Today .Com. Thank you very much.