Mortgage Calculator
Calculate monthly mortgage payments, total interest, and amortization schedule
Formula
M = P[r(1+r)^n]/[(1+r)^n-1] where M = monthly payment, P = principal, r = monthly rate, n = number of payments
Calculate monthly mortgage payments, total interest, and amortization schedule
M = P[r(1+r)^n]/[(1+r)^n-1] where M = monthly payment, P = principal, r = monthly rate, n = number of payments