Mortgage Calculator
Online mortgage calculator. Supports equal payment and equal principal methods. Enter loan amount, interest rate, and term to calculate monthly payments and total interest.
How to Use Mortgage Calculator
Enter the loan amount, annual interest rate, and loan term. Choose the repayment method (equal payment or equal principal), then click calculate to see monthly payments, total interest, and a detailed amortization schedule.
FAQ
What is the difference between equal payment and equal principal?
Equal payment has fixed monthly payments with higher interest proportion early on. Equal principal has decreasing monthly payments with less total interest but higher initial payments.
How accurate are the results?
Results are based on standard formulas and are for reference only. Actual mortgages may involve additional fees. Please refer to the bank's final calculation.