Mortgage Calculator

Calculate your monthly payment, see exactly how it breaks down, and explore the full amortization schedule — before you sign anything.

Loan Details

Purchase & Down Payment

Home Price

The purchase price of the home

Down Payment

Dollar amount and percentage stay in sync

Loan Amount $—

Loan Terms

Loan Term

30 yr = lower payment · 15 yr = less interest

Annual Interest Rate

Your loan rate from your lender quote (not APR)

Loan Start Date

First payment month — labels your amortization dates

+ Include taxes, insurance & HOA (optional)

Annual Property Tax

Avg ≈ 1–2% of home value/year (check your county)

Annual Home Insurance

Homeowner's / hazard insurance

Monthly HOA Fees

Leave $0 if no HOA applies

Monthly Payment Breakdown

Total Monthly Payment

—

per month

Principal & Interest

—

/month · loan only

Total Loan Cost

—

principal + interest

Total Interest Paid

—

over full loan term

Payoff Date

—

Balance & Equity Over Time

Remaining Balance Equity Built

Amortization Schedule

* Results are estimates for informational purposes only. Actual payments may vary based on lender rounding, escrow requirements, and PMI policy. PMI rate is auto-estimated at 0.8% annually — your lender's actual rate will differ. Consult your lender or a licensed financial advisor before making mortgage decisions.