Mortgage calculator
If you want to buy a house, you will need a mortgage. This tool calculates the monthly payment, the total cost of the mortgage, and the interest you will pay. Based on this information, you can decide if a mortgage is a good choice for you.
Mortgage calculator
TL;DR
- Calculate mortgage costs
- Calculate the total cost of the mortgage
- Calculate the interest you pay
- Calculate the monthly payment
How it works
A mortgage is a loan form where you can buy a house with borrowed money. This tool calculates the monthly payment, the total cost of the mortgage and the interest you pay.
The interest of a mortgage is a considerable amount of money you pay over the duration of the mortgage. That's why it's important to see which mortgage form is best for you.
The linear mortgage is a mortgage where you pay the same amount of money every month. The interest you pay is dependent on the remaining debt.
The annuity mortgage is a mortgage where you pay the same amount of money every month. The interest you pay is fixed.
What this tool does not take into account is the mortgage interest deduction. This is a tax benefit you get if you have a mortgage. But because different parties want to abolish this deduction, we leave it out here.
Want to know how high your mortgage costs will be? Fill in the data and click calculate.