Calculation method
A fixed monthly payment is calculated, then interest and principal are applied month by month and summarized by year.
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Mortgage Amortization Calculator
See how each year of payments reduces your mortgage balance. Use the example values or enter your own numbers to explore an estimate.
Currency formatting only—not an exchange-rate conversion. No country-specific tax or government rules are applied.
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See a clear estimate
Enter your details to see a personalized calculation, a simple projection, and the assumptions behind it.
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No personal data stored
Assumptions & limits
- Fixed monthly rate and payment.
- No fees, prepayments, or payment changes.
- Basis: user-entered values.
- Basis: standard fixed-payment and time-value-of-money formulas.
Tax or legal rule year: Not applicable — no country-specific rules are used.