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.

When taking out a loan, it’s essential to understand how much you’ll have to pay each month. Here’s how to calculate loan payments.

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.

What changing rates mean for monthly payments To understand just how much a change in rates could impact your budget, it’s important to understand how mortgage payments work.

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.

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 ...

Learn how to calculate principal and interest on loans, including simple interest and amortized loans, and understand the impact on your monthly payments and loan costs.

CNBC Select explains how to calculate your debt-to-income ratio when applying for a mortgage. Plus: How lenders use your DTI and what's considered a good one.