Home Loan Calculator A home loan calculator helps you estimate your monthly mortgage payments by using a mathematical formula. The key variables in this calculation are the principal loan amount, the interest rate, and the loan term. Here’s how you can calculate your monthly mortgage payment: Formula: M=P×r×(1+r)n(1+r)n−1M = \frac{P \times r \times (1 + r)^n}{(1 + r)^n -...