Mortgage Calculator
Calculate your monthly mortgage payment, total interest, and amortization schedule. Free and accurate tool to plan your financing.
%
Monthly payment
€ 0,00
Total interest
€ 0
Total payment
€ 0
Total payment distribution
Detailed breakdown
Loan amortization
What is a mortgage?
A mortgage is a long-term loan secured by real estate, typically used to finance a home purchase. The bank lends money and the buyer repays the principal plus interest in monthly installments over an agreed period.
How does the calculation work?
The monthly payment is calculated using the French amortization formula, where each payment includes a portion of principal and interest. At first, you pay more interest, and gradually more principal. This calculator uses the formula: M = P × [r(1+r)^n] / [(1+r)^n – 1].
Tips for your mortgage
Compare offers from several banks, consider associated costs (notary, registration, taxes), and evaluate whether you prefer fixed or variable rate based on your risk tolerance. A shorter term means higher payments but less total interest.
Results are estimates and do not constitute financial advice. Consult a professional before making important financial decisions.
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