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Estimate your monthly mortgage payments including principal, interest, and total home loan cost.
Your monthly mortgage payment depends on the loan amount (home price minus down payment), interest rate, and tenure.
Calculate loan amount (Principal)
P = Home Price − Down Payment
= ₹0
Monthly interest rate
r = Annual Rate ÷ 12 ÷ 100
= 0.708%
Apply mortgage formula
M = P × r × (1 + r)^n / ((1 + r)^n - 1)
= ₹0
Enter the total price of the home you're considering.
Input your down payment amount (typically 10-20% of home price).
Set the annual interest rate offered by your lender.
Choose the loan tenure and select Months or Years as the unit.
Review your monthly payment, total interest, and overall cost.
₹75,00,000 home with 20% down at 8.5% for 20 years
₹1,50,00,000 home with 25% down at 9% for 25 years