Flamingo
    Mortgage Calculator

    Calculate your monthly payment
    before you sign.

    A free, accurate tool for calculating mortgage payments, total interest and full amortization schedule.

    Mortgage details

    ₪100,000₪5,000,000
    1%12%
    5 years30 years

    Monthly payment

    ₪5,558

    Total payment

    ₪1,667,497

    Total interest

    ₪667,497

    Payment breakdown

    Principal: 59.97% Interest: 40.03%
    300 payments
    Interest 4.5%

    Tips for choosing a smart mortgage

    Diversify tracks

    Combine fixed and variable interest to reduce risk and maintain flexibility.

    Maximize equity

    The higher the equity, the lower the interest and you'll save tens of thousands.

    Shorten the term

    A 20-year mortgage instead of 30 saves you hundreds of thousands in interest.

    Compare banks

    Get quotes from at least 3 banks. Differences can reach hundreds of shekels per month.

    Mortgage insurance

    Make sure you have life insurance and building insurance – required by law.

    Mortgage advisor

    A professional advisor can save you 50-100K ₪ over the life of the loan.

    Need help with your mortgage?
    We're here for you.

    Schedule a free consultation call with our experts

    Important disclaimer:

    The information and results shown in this calculator are for illustration purposes only and do not constitute professional, legal, financial, or tax advice.

    Calculations are based on the data entered by the user and on general assumptions only, so deviations between the result and the actual situation are possible.

    Full responsibility for the use of the results and for any decision based on them rests solely with the user.

    Before making any decision, we recommend consulting a qualified professional.

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