The loan is repaid in equal monthly installments, using the selected compounding convention: nominal annual rate ÷ 12 for monthly, or (1 + annual rate ÷ 2)^(1/6) − 1 for semi-annual (rates as decimals). Monthly housing cost adds entered annual costs ÷ 12 and monthly costs to principal and interest.
Country selection sets the currency, not local tax or lending rules. PMI, property taxes and insurance are not added automatically. Variable rates, interest-only loans, fees and lender eligibility require separate review.
Choose a country and calculate fixed-rate monthly mortgage payments in its currency, including the annual and monthly housing costs you enter.
Choose a country and calculate fixed-rate monthly mortgage payments in its currency, including the annual and monthly housing costs you enter.
The loan is repaid in equal monthly installments, using the selected compounding convention: nominal annual rate ÷ 12 for monthly, or (1 + annual rate ÷ 2)^(1/6) − 1 for semi-annual (rates as decimals). Monthly housing cost adds entered annual costs ÷ 12 and monthly costs to principal and interest.
Country selection sets the currency, not local tax or lending rules. PMI, property taxes and insurance are not added automatically. Variable rates, interest-only loans, fees and lender eligibility require separate review.
Fixed educational example · independent of your inputs above. Amounts are currency units.
The loan is repaid in equal monthly installments, using the selected compounding convention: nominal annual rate ÷ 12 for monthly, or (1 + annual rate ÷ 2)^(1/6) − 1 for semi-annual (rates as decimals). Monthly housing cost adds entered annual costs ÷ 12 and monthly costs to principal and interest.
| Scenario | Result |
|---|---|
| Principal 200,000 · 20 years · 3% annual · no additional costs | 1,109.2 |
| Principal 200,000 · 20 years · 5% annual · no additional costs | 1,319.91 |
Country selection sets the currency, not local tax or lending rules. PMI, property taxes and insurance are not added automatically. Variable rates, interest-only loans, fees and lender eligibility require separate review.
Change one input at a time while keeping the country and currency fixed.
Related: hourly payYes. The same fixed-rate amortization formula works with the selected country’s currency. Enter the rate and actual costs of your own loan.
No. Insurance requirements vary by country and contract. Add actual insurance costs only when they apply.
No. This is a payment scenario. It does not apply country-specific lending caps, affordability rules, tax relief or approval criteria.
All math runs in your browser and your inputs are never sent to a server. Settings are saved locally and share links encode the state in the URL. For information only — not investment or tax advice.