About the Mortgage Calculator

Our Mortgage Calculator helps you estimate your monthly home loan payments based on loan amount, interest rate, and loan term. It's a quick and easy way to understand what your monthly commitment will be when buying a home.

How It Works

• Enter the total loan amount you wish to borrow.
• Input the annual interest rate of the loan.
• Specify the loan term in years.
• The calculator will determine your monthly payment, total repayment, and total interest paid.

Why Use This Tool?

Understanding your mortgage payments is essential before committing to a loan. This tool helps you plan your budget, compare different loan scenarios, and avoid financial surprises. It's perfect for first-time homebuyers or anyone refinancing an existing mortgage.