This is a calculator that lets you compute the monthly payment on a mortgage loan. With this financial calculator you can find out what the monthly payment, Total interest paid, and the Total amount paid at the end of the term of the loan will be. Enter values in the fields below to find out how much each monthly payment of principal and interest would be with the given number of payments, interest rate (for example 10% is entered as 10), and amount of the loan.
Calculations produced are estimates. Actual results are dependent on numerous factors including the exact interest rate, fees financed and the period between the loan funding and the first payment.