# Fixed Rate Home Loan Calculator

Home Loan Calculator is an online personal finance planning tool to compute the monthly payment, total interest and repayment calculations. The principal amount, interest rate, maturity period are the key terms to perform all the calculations to determine the best finance option available in the market

Fixed rate home loan is a Sum of money borrowed at fixed interest rate for specific period of time from the financial institution to enable you to purchase a house. Usually, buying a home is everyone's dream. But, it is not possible for everyone to buy a home just by paying cash as a single payment. Therefore people considering a financing option to purchase a home. Before opt for any agreement, its important to calculate how the future loan payments involved and how these payments may affect your financial position. These calculations are just another way to apply for a bond or at least the process of applying for a home loan can become much easier. When it comes to online calculation, this fixed rate home loan calculator assist you to determine which home loan lender provides the best option to purchase a house