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Mortgage Calculator
Estimate your monthly mortgage repayment based on loan amount, interest rate and term.
Frequently Asked Questions
The monthly payment uses the formula M = P[r(1+r)^n]/[(1+r)^n-1], where P is the loan amount, r is the monthly interest rate, and n is the number of monthly payments.
No — this calculator shows principal and interest only. Your actual monthly payment may be higher when including buildings insurance, life insurance, or lender fees.