AI Mortgage Calculator | Quick and easy way how to calculate your mortgage installments and amortization schedule

How It Works

You enter the loan configuration in natural human language (e.g. i want a loan of 150k usd with interest 3.5%)

Our AI model reads your request (and asks for missing information)

Our backend math system (not AI) calculates the loan variables and provides you with result (including amortization schedule)

How does it work?: AI mortgage calculator is a modern version of calculation of the mortgage installments, based on the loan amount, interest rate and the maturity.
We take all those variables into calculation and provide you with the monthly installment and mortization schedule.
How does it differ if I were to use ChatGPT, Claude or another AI on my own?: Since AI is a text processing system, it is unable to conduct proper calculations on its own. Even thought it provides you with a proper result most of the time - inherently it is no a tool for math calculation.
What formula is used to calculate installments?: For monthly installments we use ordinary annuity formula.
Which variables of mortgage I can use here?: You can use maturity (years), loan amount (any currency) and annual interest rate.