The result separates the monthly mortgage from other entered housing costs.
Finance calculator
Mortgage Calculator
Turn a home price and down payment into a clear monthly mortgage estimate and repayment chart.
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No account. Formula and assumptions are shown below.
Calculator inputs
Mortgage details
Formula & disclaimer
Monthly Payment = Loan Γ [r(1+r)βΏ] Γ· [(1+r)βΏ β 1]
View assumptionsFormula reviewCalcs at Hand Editorial TeamVerified 26 August 2026 Β· automated checks included
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Resultβ
Projection
Move across the chart, drag the slider, or use the arrow keys.
Formula & details
Calculation
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How to read this result
Three useful checks, kept deliberately short.
A RM600,000 home with RM60,000 down over 30 years: Subtract the down payment Β· Convert the annual rate to a monthly rate Β· Amortise the loan over 360 payments.
The payment uses a fixed-rate amortisation model. The chart separates cumulative principal and interest while showing the remaining balance.
Formula and assumptions
Monthly Payment = Loan Γ [r(1+r)βΏ] Γ· [(1+r)βΏ β 1]The payment uses a fixed-rate amortisation model. The chart separates cumulative principal and interest while showing the remaining balance.
Keep in mind: Actual bank instalments can change with floating rates, fees, insurance, rounding and lender-specific terms.
Produced byCalcs at Hand Editorial Team
Last formula check26 August 2026
Review methodKnown examples + boundary cases
Editorial and correction policy β