Investor Tools · Mortgage Calculator

What would this loan actually cost?

Set a price, down payment, rate and term and see the real monthly payment, the amortization curve and total interest — then check it against the real financing picture for foreign buyers in Thailand. Free, instant, no paid placement.

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By Kirby Scofield
Founder of BAANLYY · International real estate broker, investor & relocation specialist
Mortgage calculator — payment, amortization & total interest

Set the home price, down payment, rate and term below — drag a slider or tap Type for an exact number. This models a standard amortizing loan; it doesn’t assert any lender’s actual rate or terms.

฿6,000,000
30%
7.5%/yr
20 yrs
฿0
Loan amount฿4,200,000
Down payment (30%)฿1,800,000
Monthly payment (principal + interest)฿33,835
Total interest over the loan฿3,920,379
Total paid (principal + interest)฿8,120,379
Actual payoff time20 yrs
Amortization snapshot (every 5 years)
YearRemaining balancePrincipal paid so farInterest paid so far
5฿3,649,888฿550,112฿1,479,983
10฿2,850,414฿1,349,586฿2,710,603
15฿1,688,542฿2,511,458฿3,578,826
20฿0฿4,200,000฿3,920,379
The Thai foreigner-financing reality

Run whatever price, rate and term you like above — but if you’re a foreign buyer, most Thai banks won’t lend to you at all. A short list of lenders (UOB Thailand, ICBC Thai, the specialist lender MBK Guarantee, and Bangkok Bank’s Singapore/offshore branch) do run foreigner mortgage programmes, but typically at a lower loan-to-value around 50–70% (50% is a realistic planning number), higher interest rates than a Thai national would see — often in the high-single-digit range onshore — and sometimes a shorter, age-based tenor cap (commonly 10–15 years rather than 25–30). That combination means the numbers this calculator produces for a Thailand condo purchase are illustrative, not a quote you can expect to match a real Thai loan offer at high LTV. Most foreign buyers still pay cash, financed from abroad, or use developer instalment plans instead. See the full breakdown of who lends, real terms, eligibility and the FET remittance requirement in our mortgages-for-foreigners guide.

General information and a self-input estimating tool only — not financial, legal or tax advice. Uses a standard amortizing-loan formula on the figures you enter; it does not model insurance, property tax, HOA/common fees, or a specific lender’s actual underwriting. Confirm real terms with a lender before committing. BAANLYY never takes paid placement.

01

Payment, amortization and total interest — what the numbers mean

Every mortgage payment is split between interest (the lender’s charge for the loan, calculated on the remaining balance) and principal (what actually pays down the balance). Early in the loan, most of each payment is interest because the balance is still high; late in the loan it flips, with most of the payment going to principal. The amortization snapshot above shows this shift in five-year steps — remaining balance, cumulative principal paid, and cumulative interest paid — so you can see how the mix changes over the life of the loan rather than just the flat monthly figure.

02

Why extra payments punch above their weight

An extra monthly payment goes straight to principal, which lowers the balance interest is calculated on for every remaining month of the loan. That compounding effect is why a relatively modest extra payment can shave years off a 20 or 25-year term and cut total interest by more than the extra amount itself. Set the extra-payment field to any figure and compare the payoff time and total interest against a ฿0 baseline to see the effect on your own loan size and rate.

03

The Thailand foreign-buyer financing reality

This calculator models a standard amortizing loan — it doesn’t know who is borrowing. That matters in Thailand because the terms a foreign buyer can actually get are meaningfully different from what the sliders above will produce at, say, 80% loan-to-value and a Thai-national interest rate. A short list of lenders (UOB Thailand, ICBC Thai, the specialist lender MBK Guarantee, and Bangkok Bank’s Singapore/offshore branch) run foreigner mortgage programmes, but typically at 50–70% loan-to-value (50% is a realistic planning number for non-residents), higher interest rates than a Thai national would see — often in the high-single-digit range onshore — and sometimes a shorter, age-based tenor cap of 10–15 years rather than 25–30. The unit itself must usually qualify too: lenders almost always require a foreign-freehold condo inside the building’s 49% foreign-ownership quota, with land, houses and leasehold units generally off the table. Because of this gap, most foreign condo purchases in Thailand are still funded in cash (remitted under the FET rule), through developer instalment plans, or via a mortgage taken out in the buyer’s home country — not a local Thai loan at high LTV. See the full lender list, eligibility, documents and the FET requirement in our mortgages-for-foreigners guide.

04

What this calculator deliberately doesn't do

It doesn’t quote any bank’s actual rate, fees or underwriting criteria — every figure is yours to set. It doesn’t model property tax, homeowners/building insurance, common-area (HOA) fees, mortgage insurance, or a lender’s specific valuation, all of which can change the real monthly cost of ownership. And it isn’t financial advice. Treat the output as a clean, transparent illustration of loan mechanics on your numbers, then confirm real terms with an actual lender before committing — especially the foreign-buyer LTV, rate and tenor reality described above if you’re financing a Thailand purchase as a non-resident.

05

Frequently asked

How is my mortgage payment calculated?The calculator uses the standard amortizing-loan formula: it takes the loan amount (price minus down payment), the monthly interest rate (annual rate ÷ 12) and the number of monthly payments (term in years × 12), and solves for a fixed monthly payment that pays off both principal and interest by the end of the term. Add an extra monthly payment and the tool re-simulates month by month to show how much sooner the loan is paid off and how much interest that saves.
What's a realistic mortgage rate and down payment for Thailand?It depends entirely on who's borrowing. Thai nationals can get local-bank mortgages at competitive rates with modest down payments over 25–30 year terms. Foreign buyers face a much narrower market — a handful of lenders (UOB Thailand, ICBC Thai, MBK Guarantee, Bangkok Bank's offshore branch) run foreigner programmes, typically at 50–70% loan-to-value, higher rates than locals see (often high-single-digit onshore), and sometimes a shorter age-based tenor cap. Most foreign condo purchases in Thailand are still cash-funded rather than mortgaged locally.
Can foreigners get a mortgage to buy a condo in Thailand?Sometimes, but it's the exception rather than the norm. A short list of lenders will consider foreign borrowers for a foreign-freehold condo inside a building's 49% foreign-ownership quota, subject to visa/work-permit status, income documentation and a lower loan-to-value than a Thai national would get. Land, houses and leasehold units are generally not financeable this way. See our full mortgages-for-foreigners guide for the current lender list, terms and required documents.
Does paying extra each month actually save much interest?Often yes, and disproportionately so early in the loan — extra payments in the first years reduce the principal balance interest keeps compounding on, which shortens the loan and cuts total interest by more than the extra amount alone. Set the 'extra monthly payment' field above to any figure and compare the payoff time and total interest against the ฿0 baseline to see the effect on your own numbers.
Is this calculator specific to Thai banks?No — it's a general amortizing-loan model that works for any lender, currency or country; THB formatting is used because this is a Thailand-focused site. It does not pull live rates from any bank and does not model bank-specific fees, insurance, property tax or common-area (HOA) charges. Treat the output as a clean illustration of loan mechanics, then confirm real terms — especially the foreigner-specific LTV and rate reality described above — with an actual lender.
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General information and a self-input estimating tool only — not legal, financial or tax advice. Uses a standard amortizing-loan formula on the figures you enter; it does not model insurance, property tax, HOA/common fees, or any specific lender’s underwriting. Foreign-buyer LTV, rate and tenor figures reflect general market norms reported across Thai foreigner-mortgage programmes and can change — confirm current terms directly with a lender. BAANLYY never takes paid placement.