Loan & Mortgage Calculator
Calculate periodic loan payments, total payments, and interest costs.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
PMT = P × r(1+r)^n / ((1+r)^n - 1)
P is loan principal, r is periodic interest rate (annual rate / 12), n is total number of monthly payments.
Frequently Asked Questions
Does this include homeowners insurance or taxes?
No, this calculates principal and interest only. Local properties may impose additional taxes and fees.