# Home / Housing Loan Interest Rate Mortage Calculator

Online mortgage calculator to calculate home loan value, interest value and monthly payment based on your income.

## Housing Loan Interest Rate Calculation

Code to add this calci to your website

#### Formula Used:

House Value = monthly×( ( 1+I / (100*12) ) ^{years×12}-1 )/( I / ( 100×12 )×( ( I / ( 100×12 ) ) + 1 ) ^{year*12} )
Where,
Monthly = (monthly income + other income - monthly expeniture) × 28 /100
I = Interest
*Housing loan monthly interest payment* calculation is based on the EMI of the monthly income you earn. Free online mortgage financial calculators.