Microsoft Excel contains a function for calculating the equity and interest payments, which you can modify to include PMI and taxes. How to Convert an Annual Interest Rate to a Monthly Rate.

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Suzanne is a content marketer, writer, and fact-checker.

A new federal student loan repayment plan could lower monthly payments for millions of borrowers. The Biden administration made the plan available ahead of the resumption of student loan payments ...