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Online Mortgage Loan Calculator

Case:

Loan Amount:

Annual Interest Rate:

Years:

Press Calculate button to calculate selected mortgage loan case or press Amortization Table button to see monthly and annual amortization tables.

Help

Calculated Data

ParameterValueCalculation
Monthly payment1110.21 

Loan Summary

ParameterValue
Principal100000.00
Monthly Payment1110.21
Months120
Annual Interest Rate %6.00%

Detailed Calculations

ParameterValueCalculation
Global Payment to Bank133224.601110.21*120
Global Bank's Interest33224.60133224.60-100000.00
Global Banks Interest Rate %33.22%33224.60/100000.00
Average Interest each Month276.8733224.60/120
Average Principal each Month833.33100000.00/120