Loan & Mortgage Calculator
Calculate monthly payment, overpayment and total cost of a loan or mortgage. Supports annuity and differentiated payment types.
$
% / yr
—
Monthly payment
—
Total interest
—
Total payment
Payment breakdown
Principal: —
Interest: —
Amortization schedule by year
| Year | Payment | Principal | Interest | Balance |
|---|
Formula
M = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1)
M — payment, P — principal, r — monthly rate, n — number of months
Calculators