Financial Calculator

Free online Fixed rate Mortgage Calculator

The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. This monthly payment depends upon the monthly interest rate.

Before you calculate your Mortgage payment, you need to know these variables: The principal (mortgage price), total period required to pay for your mortgage (Example: 30 years), Annual Interest Rate, Loan Fees if available