Mortgage Loan Payment Calculator

Key in your information to the respective fields given below: Purchase Price, Down Payment (%), Interest Rate (%), Loan Term (Months) and then click Calculate.

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Using our mortgage loan calculator, can help to estimate Monthly Payment, Total Interest, Total Principal and Total Loan Payments.

Purchase Price

The amount agreed by the purchaser and a seller towards sale proceeds of a property.

Down payment

The down payment is the initial contribution paid by the borrower/purchaser.

Interest Rate

Agreed Interest rate under the terms of loan agreement.

Loan Term (Months)

Agreed - Length of loan repayment.

Loan

A loan is the money lent by one party to another - commonly by financial entities like Bank, Co-operative Unions and in some cases approved licensed individual to lend an individual or a firm by obtaining a security or with good a faith.

Monthly Payment

Amortized fixed monthly payment consists of principal and interest to be paid over the entire loan term.

Total Principal Paid

Amount paid towards repayment of loan principal.

Total Interest Paid

Amount paid towards repayment of loan interest.

Total Payments

Total of interest and principal paid for the period of the loan term.