Mortgage & Loan Calculator
Monthly payment and total interest for any loan or mortgage.
—Monthly payment
—Total interest
How it works
Uses the standard amortization (EMI) formula: payment = P·i·(1+i)ⁿ / ((1+i)ⁿ−1), where i is the monthly rate and n the number of months. Total interest is all payments minus the amount borrowed. Works for mortgages, car loans and personal loans in any currency. Estimates only — your lender's figure may include fees. Not financial advice.