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
Loan Amount	180146.91

Loan Summary

Parameter	Value
Principal	180146.91
Monthly Payment	2000.00
Months	120
Annual Interest Rate %	6.00%

Detailed Calculations

Parameter	Value	Calculation
Global Payment to Bank	240000.00	2000.00*120
Global Bank's Interest	59853.09	240000.00-180146.91
Global Banks Interest Rate %	33.22%	59853.09/180146.91
Average Interest each Month	498.78	59853.09/120
Average Principal each Month	1501.22	180146.91/120