Mortgage Calculator
Estimate your monthly home loan payment instantly with CalHub.
Monthly Mortgage Payment
$0
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What is a Mortgage?
A mortgage is a long-term loan taken to purchase a house or property. The borrower repays the loan in monthly installments consisting of principal and interest.
Mortgage EMI Formula
EMI = P × r × (1 + r)n / [(1 + r)n − 1]
Where P = loan amount, r = monthly interest rate, n = total months
Why Use CalHub Mortgage Calculator?
- Instant and accurate EMI results
- Ideal for home buyers and investors
- No registration required
- Secure and private calculations
Frequently Asked Questions
A home loan is a type of mortgage specifically for residential properties.
Yes, if you choose a floating interest rate mortgage.
Longer tenure reduces EMI but increases total interest paid.
Yes, it is completely free to use.
No, CalHub does not store or track user data.