Calculate monthly mortgage payments in Excel. Spreadsheet programs, such as Excel and Google Sheets, include a payment function that can calculate the principal and interest on a mortgage.

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

When it comes to mortgage payments, every homeowner deals with two interest rates: fixed and variable. Each rate also has its own percentage of advantages and disadvantages, in the light of which ...

Knowing how to calculate your loan payments and costs can help you choose the best loan for your short- and long-term financial plans if you’re considering borrowing money.

A typical monthly mortgage payment rose to more than $2,000 last year, up from $1,000 three years ago, according to Lawrence Yun, chief economist at the National Association of Realtors.

Principal is the amount you borrowed, and interest is the amount you pay to the lender as a charge for borrowing. To calculate interest, multiply the principal amount by the interest rate, then ...