Online Mortgage Loan Calculator

Case:

• Payment: What is monthly payment if I take X loan on Y rate during Z months/years?
• Principal: How much can I handle if I can pay X each month during Y months/year at Z annual rate?
• Periods: How many months/years should I pay X loan at Y annual rate with Z monthly payments?

Calculated Data

Parameter	Value	Calculation
Monthly payment	1110.21

Loan Summary

Parameter	Value
Principal	100000.00
Monthly Payment	1110.21
Months	120
Annual Interest Rate %	6.00%

Detailed Calculations

Parameter	Value	Calculation
Global Payment to Bank	133224.60	1110.21*120
Global Bank's Interest	33224.60	133224.60-100000.00
Global Banks Interest Rate %	33.22%	33224.60/100000.00
Average Interest each Month	276.87	33224.60/120
Average Principal each Month	833.33	100000.00/120