Mortgage calculator - monthly payment
Calculate the mortgage monthly payment, total interest and repayment from the property price, down payment, rate and term.
Calculations are based on Estonia's tax rates in force for 2026. Results are informational.
Last updated: 2026-06-03
How is the mortgage payment calculated?
The loan amount is the property price minus the down payment. An annuity payment is equal throughout the term and depends on the amount, annual rate and term. A longer term lowers the payment but increases total interest.
How it is calculated
Formula
annuity payment: M = P × r ÷ (1 − (1 + r)⁻ⁿ). For a mortgage n is usually large (25-30 years), so the interest share of the total is significant.
Example
Loan 150,000 €, 4% per year, 30 years → payment ≈ 716.12 €/month, total interest ≈ 107,804 €.
Frequently asked questions
What affects a mortgage payment the most?+
The loan amount, interest rate and term. A longer term lowers the monthly payment but raises the total interest paid.
Does the calculator account for Euribor?+
The calculator uses the annual rate you enter. For a variable rate, enter the current total rate (Euribor + margin).