Mortgage Calculator
Estimate monthly payments, see a full amortization schedule, find out how much house you can afford, and compare loan scenarios side by side.
Loan details
20%
₦30M
13.5%
20 yrs
0.5%
0.3%
₦0
Estimated monthly payment
₦2M
Principal & interest + taxes + insurance
Principal 35% Interest 65%
Loan amount₦120M
P&I monthly₦1M
Total interest₦228M
Total repayment₦348M
Amortization schedule
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₦1M | ₦99K | ₦1M | ₦120M |
| 2 | ₦1M | ₦100K | ₦1M | ₦120M |
| 3 | ₦1M | ₦101K | ₦1M | ₦120M |
| 4 | ₦1M | ₦102K | ₦1M | ₦120M |
| 5 | ₦1M | ₦103K | ₦1M | ₦119M |
| 6 | ₦1M | ₦105K | ₦1M | ₦119M |
| 7 | ₦1M | ₦106K | ₦1M | ₦119M |
| 8 | ₦1M | ₦107K | ₦1M | ₦119M |
| 9 | ₦1M | ₦108K | ₦1M | ₦119M |
| 10 | ₦1M | ₦109K | ₦1M | ₦119M |
| 11 | ₦1M | ₦111K | ₦1M | ₦119M |
| 12 | ₦1M | ₦112K | ₦1M | ₦119M |