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Mortgage / Loan Calculator

Compute monthly payment, total payment and total interest. Optional amortization schedule.

Your inputs

Set the loan amount, rate, and repayment period.

Your result

Monthly payments and the total cost of your loan.

How it works

Monthly payment is computed using: M = P · r · (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate and n is total number of payments (months).