Mortgage calculator
Work out your monthly payment and pick the term that's optimal for your income. The calculator is framed around the buyer, not the bank: it recommends the shortest term that fits your budget, because the shorter the term, the less total interest you pay.
Mortgage calculator
The 70% rule: the monthly payment shouldn't exceed 70% of your income.
The optimal term leaves at least the living minimum (≈317 ₼/mo) after the payment.
| Term | Monthly, ₼ | Total interest, ₼ | % of income |
|---|---|---|---|
| 5 yrs | 1 522 | 21k | - |
| 10 yrs | 964 | 46k | - |
| 15 yrs | 796 | 73k | - |
| 20 yrs | 723 | 103k | - |
| 25 yrs | 686 | 136k | - |
An estimate; a bank's actual terms (fees, insurance) may differ.
How it works
The monthly payment is computed with the standard amortization formula: from the loan amount (property price minus the down payment), the annual rate and the term, you pay the same amount every month. A longer term lowers the payment but raises the total interest.
Enter your income and the calculator recommends the shortest term that meets two conditions: the payment stays under 70% of income, and at least the living minimum (317 AZN for the working-age population in 2026) is left after the payment. That keeps the choice both economical and safe.
Every term is shown side by side so you can see the trade-off between the monthly payment and the total interest. This is an estimate only; a bank's actual terms (fees, insurance, variable rates) may differ.
Frequently asked questions
- How is the mortgage monthly payment calculated?
- The payment is computed with the amortization formula from the loan amount, the annual interest rate and the term. The loan amount is the property price minus the down payment.
- What share of my income can go to a mortgage?
- A sound rule is that the payment shouldn't exceed 70% of your income, and enough should be left to live on afterwards. The calculator applies both conditions.
- Which term is the best to choose?
- The shortest term you can afford. A shorter term means a higher monthly payment but far less total interest, so the home costs you less overall.
- How big should the down payment be?
- The larger the down payment, the smaller the loan and the total interest. In the calculator you can enter the down payment either as a percentage or as an absolute amount.
- Does this calculator show a bank's exact terms?
- No, it's an estimate. You enter the rate yourself; a bank may add fees, insurance and other costs to the final terms.