Mortgage Calculator

Estimate your monthly payment, total interest, and full amortization schedule.

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Mortgage Calculator

Enter your home price, down payment, rate, and loan term.

Monthly payment
$0
Principal & interest only — taxes and insurance not included
Loan amount
$0
Total interest paid
$0
Total paid
$0
Loan-to-value ratio
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Home price ($)$400,000
Down payment ($)$80,000
Interest rate (%)6.5%
Loan term (years)30
ResultValue
Monthly payment$2,023
Loan amount$320,000
Total interest paid$408,142
Total paid$728,142
Loan-to-value ratio80.0%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Mortgage Calculator

  1. Home price ($) — default $400,000
  2. Down payment ($) — default $80,000
  3. Interest rate (%) — default 6.5%
  4. Loan term (years) — default 30
  5. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references