🏦 Loan / Mortgage Calculator
Calculate monthly payment and total interest for equal payment and equal principal
✓ Runs entirely in your browser — your data never leaves this device
About This Tool
Compare equal-payment (annuity) and equal-principal mortgage plans. Enter amount, annual rate and term to get monthly payments, total interest and total cost — quick affordability checks when house hunting.
How to Use
- Enter the loan amount
- Enter annual rate (%) and term in years
- Click each method to compare payments and interest
FAQ
Annuity vs equal-principal?
Annuity: fixed monthly payment. Equal principal: higher early payments but less total interest.
Are taxes included?
No — principal and interest only; taxes and insurance are separate.