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Mortgage Calculator
What will my monthly mortgage payment be?
With our mortgage calculator, you can quickly find out what your monthly payment will look like. Enter the purchase price, down payment, interest rate and loan term – we’ll calculate your rate and optionally include taxes and insurance.

Learn more in the matching guide:

How do I calculate my monthly mortgage payment?

Buying a home? This guide shows you how to calculate your monthly payment – including interest, term, down payment and additional costs.
Good to know: The higher your down payment, the better your loan conditions usually are – and the lower your monthly payments.

FAQ

How is the monthly payment calculated?
We calculate based on the loan amount (home price minus down payment), interest rate, loan term, and the annuity formula.
What is an annuity loan?
With an annuity loan, the monthly payment stays the same. The ratio between interest and principal changes over time.
How does the down payment affect the mortgage?
The more down payment you provide, the lower the loan amount – this can save interest and often leads to better terms.
What are typical mortgage loan terms?
Terms between 10 and 30 years are common. Shorter terms save interest but result in higher monthly payments.
Why include taxes and insurance?
In countries like the US, property taxes and home insurance are often part of the monthly housing cost and should be factored in.

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