The Mortgage Calculator - NewsChannel5.com | Nashville News, Weather & Sports

The Mortgage Calculator

This calculator is designed to do three things: 1) Calculate a simple monthly payment 2) Figure the effects of prepaying your mortgage and 3) Analyze the composition of your monthly payments in the future. The latter is particularly helpful in projecting your mortgage-interest tax write-off in future years. The graph will show you either how your equity builds over time or how interest declines as a percentage of your monthly payment.

Home Buying Worksheet
Your browser is not Java-enabled.

To view the worksheets and interactive graphs properly, you need to be using a Java-enabled browser (Netscape v. 3 or above, or Microsoft Internet Explorer v. 3 or above.), preferably on a Windows 95 machine. We are not currently supporting Java for Windows 3.1.

If this configuration matches yours, check to make sure Java and Javascript are enabled in your browser options.

Netscape 3.0:

  • Select Options from your menu bar
  • Select Network Preferences, then select LANGUAGES.
  • "Enable Java" and "Enable Javascript" should both be checked.
  • Click OK.
Netscape 4.0:
  • Select Edit from your menu bar
  • Select Preferences, then select Advanced.
  • "Enable Java" and "Enable Java script" should both be checked.
  • Click OK.
Internet Explorer 3.x:
  • Select View from your menu bar
  • Select Options, then select the Security tab.
  • At the bottom of the page in the Active Content box, make sure all boxes are checked. (Note: You might also want to click the Safety Level button here and select Medium to prevent warning message interruptions.)
Internet Explorer 4.0:
  • Select View from your menu bar
  • Select Internet Options, then the Security tab.
  • For the Internet Zone, select Custom and click on Settings.
  • Scroll down to the Java area of the list.
  • Make sure that, under Java permissions, that 'Disable Java' is NOT active. Set this to low, medium, or high security instead.
  • Scroll down to the Scripting area of the list.
  • Under Scripting, set Active scripting to Enable, and set Scripting of Java applets to Enable.
  • Click OK to return the Security Settings, then click Apply, and then OK.
It's also possible that you are accessing the Internet from behind a corporate firewall that filters out Java. Your Systems Administrator may be able to allow Java coming from our IP address.

If you are using the AOL browser, you must be using 32-bit version of the AOL 4.0 browser for Win 95, which comes bundled with Internet Explorer. If you are not using the latest release of the AOL software, contact AOL for a free upgrade.


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