Mortgage Calculator

Calculate your monthly mortgage payments, total interest, and total payment. Estimate your home loan affordability.

$
Enter the total loan amount
$
Optional: Enter your down payment amount
Monthly Payment
$1,896.20
Principal + Interest
$682,632
Total Payment
$382,632
Total Interest
$240,000
Loan Principal

Payment Breakdown

Principal: 38.6% Interest: 61.4%

About Mortgage Calculator

This Mortgage Calculator helps you estimate your monthly mortgage payments, total interest, and total payment over the loan term. It's perfect for home buyers, real estate investors, and anyone planning to purchase a property.

Features

Mortgage Formula

M = P × (r(1+r)ⁿ) / ((1+r)ⁿ - 1)

Where: M = Monthly Payment, P = Loan Principal, r = Monthly Interest Rate, n = Number of Payments

Your data never leaves your browser. All processing is done locally for maximum privacy.

Copied!