Simple Loan Calculator: Mortgage Calculator
"We offer an online loan calculator, mortgage calculator, car loan calculator, auto loan calculator, car payment calculator, EMI calculator, home loan calculator, mortgage payment calculator, home loan EMI calculator, and personal loan calculator online for free."
How to Use This Loan Calculator:
To calculate an estimate of your monthly payment:
1. First enter your Loan Amount.
2. Next select the Loan Term, i.e., the length of time you will have to pay off your mortgage or loan in years.
3. Next select either Fixed Rate or Adjustable Rate from the corresponding dropdown menu. Then enter the Interest Rate (for fixed-rate loans) or Base APR (for adjustable-rate loans), followed by the Index Rate (for adjustable-rate loans).
4. And then click "Calculate or Enter". The calculator will give you an estimate of your total expected monthly payment, monthly interest, and overall total interest amount.
For example, if you were purchasing a $200,000 home with a 30-year fixed-rate mortgage at 5 percent interest, your approximate monthly payment would be $1,073.64 and monthly interest is $518.08.
Uses of this Loan Calculator:
- A mortgage calculator can help you predict your future home loan payments.
- A auto loan calculator can help you figure out how much money you need, what the monthly payment will be, and when it will be paid off.
- A college loan calculator can figure out the cost of your education and what the monthly payments will be.
- A car loan calculator can figure out how much money you need to buy a car and what the monthly payments will be.
- also use as a Home loan calculator, Personal loan calculator, etc.
EMI calculator
What is an EMI calculator?
EMI Calculator is a simple loan calculation tool that helps borrowers quickly calculate the EMI amount and can plan their monthly finances. The EMI calculator considers the factors like loan amount, rate of interest, and loan tenure, which you provide as input in order to calculate your monthly installment (EMI). In addition, it also provides information about the total interest paid over the course of a loan and the total repayment to be made at the end of your loan tenure.
The Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.
Home Loan EMI Calculator
You can use this online calculator to calculate the EMI on your home loan. In order to use this calculator, you need to enter the following details:
Loan amount: You have to enter an amount which you would like to borrow as a loan.
Interest rate: You have to enter an interest rate at which the bank is going to lend you the loan.
Loan tenure in years: You have to select the tenure of your loan in years.
Auto Loan Calculator
Keep in mind that our auto loan calculator only provides an estimate of your monthly payments, and should not be taken as financial advice. It also doesn't take into account factors like credit rating.
You can also find out how much you could save by refinancing a car loan with our refinance car loan calculator or by using this tool.
Car Loan Calculator
The Loan Calculator for Car shows you how much you will pay in total over the life of your car loan. Use this tool like a car loan calculator to find out how much you'll pay each month, the total amount paid over the life of the loan, and more.
People use a variety of different methods to figure out their monthly payments and total loan amounts, but our online loan calculator does all of this automatically for you. All you have to do is put in your information and it will tell you exactly what your payments are every month as well as what they'll be at the end of the year!
Mortgage Loan Calculator
Use our mortgage calculator to calculate your monthly mortgage payments. This includes principal and interest. Simply enter the purchase price, loan amount, loan term, and interest rate to determine your monthly payment amount. The more you know about the home you want, the better decision you will be able to make.
Tags:
- mortgage calculator,
- loan calculator,
- mortgage payment calculator,
- personal loan calculator,
- auto loan calculator,
- car payment calculator,
- car loan calculator,
- home loan calculator,
- home loan EMI calculator,
- EMI calculator.
