TopToolsAiCalculate your monthly mortgage/home loan payment from the loan amount, interest rate and term in years, along with the total interest you'll pay over the life of the loan. A PKR 15,000,000 home loan at 10% interest over 20 years works out to a monthly payment of roughly PKR 144,800, with total interest paid over the loan life coming to more than the original loan amount itself.
Last updated: 1 Sep 2026
How to use Mortgage Calculator
- Enter the loan amount, annual interest rate, and loan term in years.
- Click "Calculate" to see your monthly payment, total amount paid, and total interest.
Frequently asked questions
What's the difference between this and the Loan EMI calculator?
They use the same formula — this one is set up for typical mortgage terms (years, larger amounts) while the loan calculator uses months for shorter loans.
Does this include property tax or insurance?
No — this calculates principal and interest only. Add taxes, insurance and HOA fees separately for your full monthly cost.
How much does the loan term affect total interest paid?
Significantly — a longer term lowers the monthly payment but sharply increases total interest paid over the life of the loan, since you're borrowing the money for longer.
What if I make extra payments toward the principal?
Extra payments reduce the outstanding balance faster, cutting total interest — this calculator shows the standard schedule only, without extra payments factored in.
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