Mortgage Calculator
Estimate your monthly home loan payment, total interest paid, and the total cost of the loan. Enter your numbers below.
—
Monthly payment
—
Loan amount
—
Total interest
—
Total paid
Ad space (enabled after AdSense approval)
How the mortgage payment is calculated
The loan amount is the home price minus your down payment. The monthly payment uses the standard amortization formula: M = P · r(1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate and n is the number of monthly payments.
Does this include taxes and insurance?
No — this shows principal and interest only. Property tax, insurance and other fees are extra. This is an estimate, not a loan offer.