FORMAN MORTAGE CO.
The Apartment & Commercial Financing Specialists for 50 years
Total loans personally placed exceed $1,500,000,000
Phone (973) 625-7982 * Fax (973) 625-7985
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Annual Loan Constant
Annual Loan Constant
What is your annual payment, given a particular interest rate and loan term?

Years
Rates 15 20 25 30
4.50 9.17 7.59 6.66 6.08
4.75 9.33 7.75 6.84 6.25
5.00 9.48 7.91 7.01 6.44
5.25 9.64 8.08 7.19 6.62
5.50 9.80 8.25 7.36 6.81
5.75 9.96 8.42 7.54 7.00
6.00 10.12 8.59 7.73 7.19
6.25 10.28 8.77 7.91 7.38
6.50 10.45 8.94 8.10 7.58
6.75 10.61 9.12 8.29 7.77
7.00 10.78 9.30 8.48 7.98
7.25 10.95 9.48 8.67 8.18
7.50 11.12 9.66 8.86 8.39
Calculate the payment per year by doing the following:
1. Enter the mortgage amount here:
2. Click on the appropriate constant above, based on the loan term and interest rate of the mortgage.
Your annual payment will be: , which is monthly.
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