Mortgage Calculator
About the Mortgage Calculator
Buying a home is one of the biggest financial decisions in life, and planning your loan is essential. Our Mortgage Calculator helps you estimate your monthly payments, total interest, and overall cost of your home loan based on the loan amount, interest rate, and loan tenure. With this tool, you can compare different mortgage options and choose the one that best fits your budget.
Key Features of the Mortgage Calculator
Calculates monthly EMI (Equated Monthly Installment).
Shows total interest payable and total repayment amount.
Allows you to adjust loan amount, interest rate, and loan term easily.
Helps compare different mortgage scenarios for better decision-making.
Ideal for first-time home buyers, property investors, and financial planners.
Why Use Our Mortgage Calculator?
Gives you a clear picture of monthly obligations.
Helps you plan finances and savings before buying a property.
Compares different loan tenures and interest rates.
Saves time by avoiding manual calculations.
Global Mortgage Calculator
Estimate monthly mortgage payments (EMI), total interest, and total repayment. Works globally with multiple currency options.
Another Mortgage Calculator with Other Details
Mortgage Calculator
Payment Breakdown
| Principal & Interest | $1,216 | $437,747 |
| Property Tax | $0 | $0 |
| Home Insurance | $0 | $0 |
| Other Costs | $0 | $0 |
| Total Out-of-Pocket | $1,216 | $437,747 |
Loan Summary
| Home Price | $300,000 |
| Down Payment | $60,000 (20%) |
| Loan Amount | $240,000 |
| Total Interest | $197,747 |
| Payoff Date | May 2053 |