Mortgage loan calculator

Compound Interest Calculation

Loan parameters

  • Total sum that is borrowed: 200.000,00 € (= 'present value')
  • Total duration of the loan: 20 year(s) = 240 month(s) = 1040 week(s)
  • Capital/period: 200000€ / 240 monthly installments = 833.33€ each

    Fixed Rate Mortgage (FRM)

  • Every monthly payment will be the same ('amortized')
  • Yearly interest: 1.95%
  • monthly interest = 0.163%
  • monthly mortgage = 1007.04€
  • Fixed Rate, Constant Capital

  • Every monthly payment will pay back 1/240 of the capital and the interest on all the outstanding capital
  • First monthly payment: 1158.33€
  • Last monthly payment: 834.68€
  • References

  • Compound interest
  • Mortgage loan
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