Mortgage calculator
Monthly payment and overpayment estimate
Loan parameters
Property price minus down payment
Monthly payment
$55,054
Total paid
$13,213,034
Overpayment
$8,213,034
Frequently asked questions
Which payment type is better?
Differentiated payments usually result in a lower total overpayment, but require higher payments at the beginning. Annuity payments are the same each month, which is more convenient for budgeting.
How is the annuity payment calculated?
Payment = S × (P × (1+P)^n) / ((1+P)^n - 1), where S is the loan amount, P is the monthly interest rate, and n is the number of months.