Home Loan Calculator



Calculate easily and above all for free the amount of your mortgage with this online calculator.

A mortgage calculator is a free tool and without commitment, it’s an online calculator to calculate the monthly payment for a home loan based on the amount requested, the desired duration of repayment, and interest rates currently force. This information is very useful for obtaining financing estimates in the context of an acquisition project. Most households will do their first calculations before doing an intensive search for real estate. Whether for a house purchase, an apartment purchase or for house construction with building land, the mortgage calculation allows you to define the amount that can be borrowed from banks.

Home loan calculation is important

Home loan calculation is important

Calculating a home loan is important to insofar as the borrower will be able to obtain details on the amount of his loan but also on the various costs that may occur, such as for example the interest rate expressed in APR, the cost of l borrower insurance and possible administrative costs. All these elements are taken into account in the mortgage calculator and provide concrete information on home loans. It is useful to specify that devices such as the zero rate loan (PTZ), the employer loan or the PAS loan (social accession loan) are not taken into account in the calculator, which can work in favor of the borrower in case of accounting with these assisted loans. To be taken into account for its own estimates.

Calculate the mortgage: details

Calculate the mortgage: details

The calculation of a mortgage is based on an amount requested by a borrower and on the interest rate expressed in APR currently offered on the market by credit institutions. The loan calculator will then automatically calculate the amount of a monthly payment based on the desired repayment duration. The borrower can calculate as many times as necessary his home loan according to the different durations but also according to the rates which he can observe near the banks. In terms of repayment duration, some banks go up to 35 years but not all of them offer these maximum durations, in certain banking establishments, it will be durations of 30 years or even 25 years maximum.

Note that the mortgage calculator does not take into account borrower insurance as most mortgage loan offers offered as part of simulations. The cost of insurance will generally be proposed when applying for a mortgage and it will be possible to compare the coverages offered by the bank and the insurers. Finally, the calculator is an information tool, freely accessible, but in no way constitutes a mortgage offer. It is strongly advised to carry out a loan simulation in order to obtain with precision the loan conditions of the banks as well as various proposals making it possible to compare the offers. Any simulation is without commitment, households can, therefore, carry out online procedures for free.