Southern California Northern California Illinois Massachusetts New Jersey New York Texas Washington Nevada 中 文 | English | Español Home About Us Investor Relations Contact Us Branch Locator Personal AccountsChecking AccountsSavings AccountsCDsIRA CDDebit CardsLoansMortgage LoanHome Equity FinancingAuto LoanCredit CardsCathay Online BankingMobile Banking Business / Commercial Business AccountsBusiness Checking AccountBusiness Savings AccountCDsCash Management ServicesMerchant Deposit CaptureZero Balance AccountLockbox ServiceMerchant Bankcard ServicesCourier Deposit ServiceArmored Transport ServicesCash Vault ServicesBusiness Online BankingLoansCommercial FinancingReal Estate & Construction FinancingInternational Banking & FinancingSmart Capital LineSBA Guaranteed Loan ProgramCredit CardsCathay Business ConnectBANK@WORK Program Foreign Exchange Foreign Exchange ServiceForeign Exchange Market Update Investments Cathay Wealth ManagementAnnuitiesMutual FundsInvestment IRAsOnline Trading/Account Access Online Banking Personal Banking Business Banking Log In Log In View Demo Register Learn More View Demo Register Learn More Home > Personal > Loans > Mortgage Loan > Mortgage Loan Calculator LOAN CALCULATOR* Simple Interest Rate: % (Maximum 20%. This is a required field. ) Principal Amount of Loan: $ (Maximum $10 billions. No Commas. To find Principal Amount, leave it blank and enter Number of Payments & Monthly Payment Amount.) Number of Monthly Payments: (Maximum 500. To find Number of Payments, leave it blank and enter Principal Amount & Monthly Payment Amount.) Monthly Payment Amount: $ (No Commas. It's calculated based on Interest Rate, Principal Amount, and Number of Months entered.) * This calculator is a tool that calculates monthly mortgage payment examples for a given loan amount, interest rate and loan term. It is not an application for credit. The figures entered on this calculator are hypothetical only, and the results provided are intended for illustrative purposes only. You should enter figures that are appropriate to your individual situation. Payments are shown for principal and interest (P&I) amounts only. The amounts shown do not include property taxes, homeowners insurance or mortgage insurance where applicable. This calculator is not intended to offer any financial advice. Your use of this calculator does not assure the availability of, or your eligibility for, any specific loan product offered by Cathay Bank. Please consult with one of our Mortgage Loan Originators to discuss your specific needs. Interest rates, payments and loan terms may vary based on various credit factors. All loan applications are subject to credit approval. Mortgage Payment Problem? We may be able to help you Know More 1-800-9CATHAY (1-800-922-8429) Customer service: 6:00 a.m. - 6:00 p.m. Pacific Time, Monday through Friday. Automated information is available 24hours a day, 7 days a week.