Calculate monthly mortgage payments, total payment amount and create a detailed payment schedule for the purchase of real estate
Calculate monthly mortgage payments, total payment amount and create a detailed payment schedule for the purchase of real estate
Enter your mortgage parameters and click 'Calculate'
Mortgage calculator is a professional tool for calculating mortgage payments, overpayments and repayment schedules. Using our calculator, you can calculate monthly mortgage payments, total overpayment, effective interest rate and choose the optimal repayment scheme. The calculator takes into account the down payment, additional payments and various government support programs.
A mortgage provides many advantages for purchasing real estate:
To obtain a mortgage loan, you must meet certain requirements:
There are various mortgage lending support programs in Russia:
Subsidizing interest rates for young families and large families
Standard bank terms with market rates
To obtain favorable mortgage lending conditions:
Mortgage calculator is a professional tool for calculating mortgage payments, overpayments and repayment schedules. Using our calculator, you can calculate monthly mortgage payments, total overpayment, effective interest rate and choose the optimal repayment scheme. The calculator takes into account the down payment, additional payments and various government support programs.
Apartment worth RUB 5,000,000, down payment RUB 1,000,000, rate 8.5% per annum, term 20 years
Monthly payment: 33,847 ₽, Total overpayment: 2,123,280 ₽, Effective rate: 8.5%
Apartment worth RUB 4,000,000, down payment RUB 400,000, rate 6% per annum, term 15 years
Monthly payment: 30,420 ₽, Total overpayment: 1,475,600 ₽, Effective rate: 6%
Apartment worth 6,000,000 ₽, down payment 1,200,000 ₽, rate 9% per annum, term 25 years with early repayment 50,000 ₽/month
Monthly payment: 40,000 ₽ + 50,000 ₽ early, Term reduced to 12 years, Savings: 1,800,000 ₽
Mortgage calculations are based on mathematical formulas that take into account the loan amount, interest rate, loan term and repayment scheme.
Equal monthly payments including interest and principal
Payment = Loan Amount × (Rate × (1 + Rate)^Term) / ((1 + Rate)^Term - 1)Diminishing payments, where the principal is constant but the interest is decreasing
Principal = Loan amount / Term, Interest = Balance of debt × Rate / 12A mortgage provides many advantages for purchasing real estate:
To obtain a mortgage loan, you must meet certain requirements:
There are various mortgage lending support programs in Russia:
Subsidizing interest rates for young families and large families
Standard bank terms with market rates
To obtain favorable mortgage lending conditions:
The monthly payment is calculated using the annuity formula: Payment = Loan amount × (Rate × (1 + Rate)^Term) / ((1 + Rate)^Term - 1). Our calculator will automatically perform all calculations.
Annuity payments are equal for the entire loan term, differentiated ones decrease over time. With an annuity, interest is paid first, with differentiated annuities, the principal is paid.
The minimum down payment is 10-20% of the property value. With government support it can be reduced to 5-10%.
Yes, early repayment is allowed without penalties. You can repay in part or in full, which significantly reduces the overpayment.
Passport, income certificate, real estate documents, certificate of employment, bank statement on the status of accounts.
You can participate in government programs, take out insurance, increase your down payment, and improve your credit history.
Mandatory real estate and life insurance of the borrower, protecting the bank and the borrower from risks.
Yes, there are programs with zero down payment, but the interest rate will be higher.
Overpayment = Total amount of payments - Loan amount. Our calculator will show the exact overpayment and effective rate.
Refinancing with another bank on more favorable terms to reduce the interest rate or monthly payment.
Family mortgage, mortgage for IT specialists, rural mortgage, mortgage for young families with government support.
Short term means less overpayment, but higher monthly payment. Long term means lower payment, but higher overpayment.
Yes, most banks issue mortgages for both new buildings and secondary housing with slight differences in conditions.
A specialist who helps you choose the optimal mortgage program, collect documents and apply for a loan.
Obtain a credit report from the BKI, check for delinquencies and correct errors before applying for a mortgage.