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Welcome to the BBC Mortgage Calculator, the place where you can come for all of your mortgage calculator-related needs. If you’re having any problems whatsoever when it comes to calculating anything to do with regards to your mortgage, be it an overall payment plan, or just sorting out monthly payments and repayments, then this is the one-stop site for figuring out how to do everything you’ll need to do. This website is designed to be a simple and easy way for an individual to be able to rapidly calculate the monthly payments that make up the bulk of mortgage repayment. Each month, depending on the amount mortgaged and the type of mortgage it might be, a monthly payment needs to be calculated and then paid, in a similar fashion to rent, and contributes to the overall upkeep of the household. All you have to do to use a mortgage calculator is enter in the amount you would like to borrow or have borrow already into the calculator, then the term or length of time in which you would intend to pay off the mortgage, along with whatever the interest rate might be. The mortgage calculator will then do all the work of figuring out how much needs to be paid back and when, so you can easily construct a monthly budget around your repayments, if necessary.