Calculate mortgage monthly payments
Calculate monthly mortgage payments with an annuity or linear mortgage. Get immediate insight into interest, principal repayment, and monthly payment.
What are mortgage monthly payments?
Monthly mortgage payments are the amounts you pay monthly for your mortgage. These consist of interest and principal repayment . How these are structured depends on the type of mortgage you choose.
With this tool, you can easily calculate your monthly payments for both an annuity mortgage and a linear mortgage .
Difference between annuity and linear
Annuity mortgage
- the same gross amount every month
- high interest, little principal repayment at the beginning
- monthly payment remains the same
Linear mortgage
- a fixed repayment amount every month
- interest rates fall every month
- monthly payments decrease over time
When do you use this tool?
- when buying a home
- comparing mortgage types
- insight into monthly costs
- financial planning
- study and education
Who is this tool suitable for?
- homebuyers
- starters
- financial advisors
- students
- everyone who wants to calculate mortgage costs
Frequently Asked Questions
Is this gross or net? This tool calculates gross monthly costs , without mortgage interest deduction.
Is this an exact calculation? It is an indication. Actual costs may vary due to conditions, fixed-interest period, and costs.
Can I adjust the term? Yes, you can enter any desired term.