Mortgage Loan is nothing but Mortgage. It is a loan in which a property or real estate is utilized as collateral. The debtor receives loan amount from the creditor over an agreement. The mortgagor has to pay back the loan along with interest over a certain time period. The loan amount is secured on borrower's property and is taken by the mortgagee if mortgagor fails to pay the loan. Here is a list of online Mortgage / personal Loan calculators for different types of loans.
The above personal mortgage loan calculators involves all calculations involved with loans, amortization, loan interest rates, loan payment etc..,