Mortgage Calculator
Estimate monthly payments, interest, and amortization for a fixed-rate mortgage.
What the estimate includes
The payment uses fixed-rate amortization: every installment combines principal and interest until the balance reaches zero.
This is a mathematical estimate. Actual costs may include taxes, insurance, fees, and lender- or country-specific terms.
Payment = P × r(1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)
Reading the amortization
Early payments allocate more to interest; the principal share rises over time. The yearly table summarizes that shift without rendering hundreds of rows.
Frequently asked questions
Does it support a 0% rate?
Yes. It divides the financed principal into equal payments with no interest.
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