Mortgage Calculator

Estimate your monthly payments with current rates from local banks

Understanding Your Mortgage

Principal

The original loan amount you borrow from the bank to purchase your property.

Interest Rate

The annual percentage charged by the bank. Rates vary by bank and may be fixed or variable.

Loan Term

The length of time to repay. Longer terms mean lower monthly payments but more total interest.

Note: This calculator provides estimates only. Actual rates, terms, and eligibility depend on your credit history, income, down payment, and the bank's current policies. Contact banks directly for official quotes.