🏠 Mortgage Calculator

Calculate your monthly mortgage payment and total interest instantly.

Loan amount (€)

Annual interest rate (%)

Loan term (years)

Enter your loan details

Frequently asked questions

What is a good mortgage interest rate?

Interest rates vary by country and market conditions. In Europe, fixed rates in 2024 typically range between 3% and 4.5% annually. Variable rates depend on the Euribor plus a bank margin.

How is a monthly mortgage payment calculated?

The formula is M = P × r(1+r)^n / ((1+r)^n - 1), where P is the loan amount, r is the monthly interest rate and n is the number of monthly payments.

Does this include insurance and fees?

No, this calculator only shows the principal and interest payment. Home insurance, life insurance and bank fees are additional costs.