Mortgage Calculator

Q: How is the mortgage payment calculated?

The monthly payment uses the French amortization formula: R = C × [i / (1 - (1+i)^(-n))], where C is the principal, i is the monthly rate (APR/12) and n the total number of payments. The payment stays constant for fixed-rate mortgages.

Q: Fixed or variable rate — which is better?

A fixed rate offers predictable, constant payments. A variable rate may start lower but fluctuates with Euribor. The choice depends on your risk tolerance and market conditions.

Q: What is LTV and why does it matter?

LTV (Loan-to-Value) is the ratio between the mortgage amount and the property value. Banks typically finance up to 80%. A lower LTV often means better terms and interest rates.

Calculate your mortgage payment, total interest and amortization schedule. Rates updated March 2026.

Rates updated on 2026-03-18 — MutuiOnline.it / Il Sole 24 Ore

Monthly payment €1,159.92

Loan amount €200,000.00

Total interest €78,380.66

Total repayment €278,380.66

LTV (Loan-to-Value) 80.00%

Was this useful?

French amortization

Italian mortgages almost exclusively use the French amortization plan: constant payments, but you pay more interest at the start and more principal later. Over time the interest share decreases.

Reference indices

Fixed-rate mortgages are based on the IRS (Interest Rate Swap) for the matching duration. Variable rates on Euribor (1, 3, or 6 months). The bank adds its own spread, typically 1–2%.

FAQ

How is the mortgage payment calculated?

Fixed or variable rate — which is better?

What is LTV and why does it matter?

French amortization

Reference indices

FAQ

Related calculators