Loan & Mortgage Calculator
Currency:
$
%
years
$
Optional monthly extra
Loan amortization spreads equal payments over the loan term. Each payment first covers accrued interest, with the remainder reducing the principal. Early payments are mostly interest; later ones mostly principal.
💡
Tip: Adding just $100/month extra to a 30-year $200,000 mortgage at 6% saves over $42,000 in interest and cuts 4 years off the loan.
⭐
Fun Fact
"Mortgage" comes from Old French meaning "death pledge" — the debt ends when paid off or the borrower dies.
🔒
100% Grátis
Sem registo
✓
Preciso
Fórmulas verificadas
⚡
Instantâneo
Resultados imediatos
📱
Compatível com móvel
Todos os dispositivos