Calculate my Mortgage PaymentCompute my mortgage payment
Advance payments: Original or anticipated mortgage amount for your mortgage. Duration in yearsThe number of years over which you will pay back this credit. Mortgage maturities are most commonly 15 years and 30 years. Annual interest fix for this mortgage. Payment of capital and interest (PI) per month. Aggregate paymentsSum of all montly installments over the entire duration of the mortgage.
It is assumed that there are no advance payments of the capital. Aggregate interestSum of all interest payments made over the entire life of the mortgage. Based on this overall interest amount, there are no advance payments of capital. Advance payment typeThe advance payment rate. There are no payment choices, whether it' montly, annually or one-time.
Advance PaymentAmount paid on your mortgage in advance. The amount is calculated on the mortgage capital net, on the basis of the advance payment method. Begin paymentThis is the payment number with which your advance payments begin. In the case of a one-off payment, this is the payment number which contains the individual advance payment.
The assumption is that all advance payments of the capital have been made to your creditor in good order to be taken into account in the interest rate calculations for the following months. When you decide to make an advance payment with a one-time payment for the payment number zero, it is considered that the advance payment is made before the first payment of the credit. Total savingsTotal interest that you will be saving by paying your mortgage in advance.
Announce AmortizationChoose how the reports displays your payment plan. Annual summary of annual amounts of cash and cash equivalents. Each payment is displayed monthly for the whole duration. The information and interacting calculator are provided to you as self-help tool for your own use and are not meant to be a substitute for financial counsel.