Free tool
Mortgage calculator
Enter the price, your deposit, the interest rate, and the term to see your monthly repayment, the total interest over the life of the loan, and how it splits against the principal.
FIG-M · Inputs
€
€
%
yr
Loan €200,000 · 80% LTV
FIG-P · Repayment
Monthly payment
€1,001
Total interest
€100,374
Total cost
€300,374
Loan amount
€200,000
FIG-S · Principal / interest
Principal 67%Interest 33%
Estimates only, for general guidance. Assumes a repayment (capital + interest) mortgage at a fixed rate. Figures in EUR.
Questions
- How is the monthly payment worked out?
- It uses the standard amortization formula for a repayment mortgage: the loan amount, the monthly interest rate, and the number of months. Each payment covers interest first, then chips away at the principal.
- What is loan-to-value (LTV)?
- LTV is the loan as a percentage of the property price. A €200,000 loan on a €250,000 property is 80% LTV. Lower LTV usually unlocks better rates.
- Does this include taxes and insurance?
- No. It shows the principal-and-interest repayment only. Budget separately for property taxes, insurance, and any service charges.