Mortgage Calculator

Calculate your monthly mortgage payments, total interest, and amortization schedule. Compare different loan terms to find the best mortgage option.

Mortgage Details

$
$
%
%

Additional Monthly Costs (Optional)

$
$
$
$

Monthly Payment Breakdown

Total Monthly Payment
$2,147
Principal & Interest
$2,147
Property Tax
$500
Home Insurance
$200
PMI + HOA
$0

Loan Summary

Loan Amount: $320,000
Total Interest: $452,920
Total Paid: $772,920

How the Mortgage Calculator Works

Understanding how your mortgage payment is calculated helps you make better financial decisions.

1

Enter Loan Details

Input your home price, down payment, loan term, and interest rate to get started.

2

Add Additional Costs

Include property taxes, insurance, PMI, and HOA fees for a complete monthly payment estimate.

3

Review Results

See your monthly payment breakdown and total loan costs over the life of the mortgage.

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