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Mortgage Calculator for Thai Home Loans

Plan your home loan before you sign. Enter a loan amount — or a home price and down payment — with your interest rate and term to see the monthly payment, total interest and a year-by-year amortization schedule. Add an extra monthly payment to see the time and interest you save. The affordability tab back-solves the biggest loan your income supports at a given DSR. Everything runs in your browser, with nothing sent to a server.

Start from
฿
%

The average effective rate over the whole loan. Thai home loans are often around 3–6%.

years

Most Thai mortgages run 20–40 years. A longer term lowers the payment but adds interest.

฿

Pay this on top of the required instalment to clear the loan sooner and save interest.

Your results will appear here

Enter a loan amount, interest rate and term to see the payment breakdown.

How to use

  1. Open the Monthly payment tab and enter your loan amount, or switch to home price plus a down payment.
  2. Type your annual interest rate and loan term in years; the monthly payment updates instantly.
  3. Add an optional extra monthly payment to see how many months and how much interest you save.
  4. Review the amortization schedule year by year, or tick the box for month-by-month detail.
  5. Switch to the Affordability tab, enter your income, existing debt and DSR to find your maximum loan.
  6. Copy the summary or download the full schedule as a CSV for your records.

Features

  • Reducing-balance monthly payment, total interest and total paid
  • Start from a loan amount or from a home price plus down payment (% or ฿)
  • Year-by-year amortization schedule, expandable to month-by-month
  • Extra-payment mode shows months and interest saved
  • Affordability tab back-solves the maximum loan from income, debt and DSR
  • Copy summary or export the schedule to CSV — all in your browser

Frequently asked questions

How is a monthly mortgage payment calculated?
It uses the reducing-balance formula: payment = P x r x (1+r)^n / ((1+r)^n − 1), where P is the loan, r the monthly interest rate and n the number of months. Interest is charged on the outstanding balance, which falls as you repay principal.
How much home loan can I afford in Thailand?
Banks cap repayments using a debt service ratio (DSR), commonly 40% of gross income. Multiply income by the DSR, subtract existing monthly debt, and that is your maximum instalment. The Affordability tab back-solves the loan amount that fits it.
What interest rate should I use?
Use the average effective rate over the whole loan, not just the low first-year teaser rate. Thai home loans often blend to around 3–6% over time. You can change the rate to compare scenarios and stress-test a higher figure.
Does paying extra each month really save money?
Yes. Extra payments go straight to principal, so future interest is charged on a smaller balance. The calculator shows exactly how many months you cut and how much interest you save at the same rate.
Are property taxes and insurance included?
No. The result covers principal and interest only. Fire insurance, mortgage life insurance, transfer fees and any maintenance are separate, so budget for them on top of the monthly payment shown here.