Mortgage repayment
Property / FREE CALCULATOR
Estimate capital-and-interest mortgage payments at a constant rate. Excludes arrangement fees, insurance and rate changes.
Your answer starts here.
Enter your values and select Calculate to see the result and any available breakdown.
How to use this calculator
- Enter mortgage amount. Use the unit shown beside the field.
- Enter annual interest (%). Use the unit shown beside the field.
- Enter term in months. Use the unit shown beside the field.
- Select Calculate and review the result. Select Reset to restore the example inputs.
How the calculation works
Payment = P × i / (1 − (1+i)^−n).
Worked example
A 120,000 mortgage at 0% for 120 months costs 1,000 monthly.
Understand your result
Use this result together with the worked example and the assumptions below. Estimate capital-and-interest mortgage payments at a constant rate. Excludes arrangement fees, insurance and rate changes.
Assumptions and limitations
Estimate capital-and-interest mortgage payments at a constant rate. Excludes arrangement fees, insurance and rate changes. Check units and assumptions before using the result in a decision. Results are rounded for display.
Questions about this tool
What does this tool calculate?
Estimate capital-and-interest mortgage payments at a constant rate. Excludes arrangement fees, insurance and rate changes.
What should I check before using the answer?
Estimate capital-and-interest mortgage payments at a constant rate. Excludes arrangement fees, insurance and rate changes. Check units and assumptions before using the result in a decision.
Related guides
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