Mortgage Calculator

Mortgage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.

Mortgage Payment Information

Down Payment: KES 0.05
Amount Financed: KES 0.95
Monthly Payment: KES 0.95   (Principal & Interest ONLY)

Monthly Payment: This calculation includes only principal and interest. Mortgage payments usually include additional payments for insurance and taxes that are put into escrow to be paid out when they come due.

Purchase and Financing Information

Sale Price:
Sale Price: The sale price of the property.
Down Payment:
What You Can raise: Amount or percentage of the sale price, that you are capable of raising.

Invalid downpayment type

Mortgage Period:
Mortgage Period: The number of years or months you have to pay off the loan.
Annual Interest: %
Annual Interest Rate: The exact interest rate on your mortgage. This is different from the annual percentage rate or APR which is a standardized method of calculating the cost of a mortgage, stated as a yearly rate which includes such items as interest, mortgage insurance, and certain points or credit costs.
Start Date:

Please enter a value for the Start date field

 
  
      Start Over
 
Mortgage Amortization Information
Amortization For Monthly Payment: KES 0.95 over 1 Month

The Amortization Schedule is a timetable for the gradual repayment of a mortgage loan. It breaks down how much of your monthly payment goes towards the interest, and how much goes into paying off the principal of your loan, and also the remaining loan balance after each payment is made.

PaymentCalendarInterestPrincipalInstallmentBalance
1 01 Jan 1970 0.00 0.95 0.95 0.00
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