Finance tool
Mortgage Calculator
Enter the home price, down payment, rate, and term to see your monthly payment and total cost.
—Loan amount
—Monthly payment
—Total interest
—Total paid
How this differs from a plain loan EMI
A mortgage calculation starts from the home price and down payment rather than the loan amount directly — the loan amount is simply price minus down payment, then the same reducing-balance formula used for any EMI applies from there.