Mortgage loan is a loan which is taken from any bank or any financial organization in turn of any property like home, ground, or any other property, which is taken by lender in security of the loan .In case if your not paying or defaulted , bank or lender can sell home or property to recoup his loan amount.

Mortgage loan calculator is the calculator from which you can calculate your mortgage loan's emi per month online within second. click here to calculate your mortgage monthly payment (emi) with this simple mortgage calculator. mortgage calculator is also referred to as home loan calculator.

There are two ways you can calculate your mortgage loan

1. Using online mortgage calculator
2. using mortgage loan formula

Calculating mortgage loan from online mortgage calculator

If you want to calculate mortgage loan from mortgage calculator, just input your home price (mortage amount) , rate of interest and length of loan (for how much year you want to take this loan) and then click on calculate button.

calculating mortgage loan from formula

If you are willing to calculate your mortgage loan from formula you can use mortgage formula given bellow -

where :