Loan Amount—No $ symbol or commas (eg. 175000)
Annual Interest % in decimals (eg. 6.875—not 6 7/8)
Total number of years—Partial years in decimals (eg. 15.25)

If your lender collects the taxes and insurance, as most do, you must add the amount you pay each month for taxes and insurance to these amounts to calculate the total amount of your monthly payments. In addition, until you have paid off more than 20% of the value of the property, for some types of loans your lender will also require you to pay a monthly mortgage insurance fee. Talk to your lender for details.