Mortgage loan calculator

Compound Interest Calculation

Loan parameters

Total sum
present value
20.000,00 $
Duration
48 month(s) = 208 week(s)
4 year(s)
Capital/period
20000$ / 48 monthly installments
416.67$ each

Fixed Rate Mortgage (FRM)

Definition
Every monthly payment will be the same ('amortized')
monthly interest
Yearly interest: 1.9%
0.158%
monthly payment
48 monthly payments x 433 = 20,785$
433.03$

Fixed Rate, Constant Capital

Definition
Every monthly payment will pay back 1/48 of the capital and the interest on all the outstanding capital
First payment
Month 1
448.34$
Last payment
Month 48
417.33$

Examples

  • Car loan, 10K$ on 4 years at 1.90% interest
  • House mortgage, 200K€ on 20 years at 1.95% interest

    • References

    Compound interest
    Mortgage loan
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