Mortgage Calculator

Estimate your monthly mortgage payment, see total interest, and view a full year-by-year amortization schedule.

Instant Amortization Private

Home Price ($)

Down Payment

Interest Rate (% per year)

Loan Term (years)

Monthly Payment —

Loan Amount —

Total Interest —

Total Paid —

PrincipalInterest

Features

See your estimated monthly payment update in real-time as you adjust inputs.

Year-by-year breakdown of principal paid, interest paid, and remaining balance.

Toggle between percentage and dollar amount for down payment with one click.

All calculations run in your browser. No data is sent or stored anywhere.

●A 20% down payment eliminates PMI (Private Mortgage Insurance), saving you hundreds per month.
●Choosing a 15-year term over 30-year means higher monthly payments but drastically less total interest.
●Even a 0.5% difference in interest rate can save tens of thousands over the life of a loan.