Mortgage Calculator
Calculate mortgage payments, amortization schedules, and compare different loan options with our comprehensive mortgage calculator.
Input
$300,000.00
20%
4.5%
30 years
Results
Monthly Payment
$1,216.04
Loan Amount
$240,000.00
Total Interest
$197,776.11
Total Cost
$437,776.11
Payment Breakdown
Principal: $240,000.00
Interest: $197,776.11
How to Use the Mortgage Calculator
Enter your loan details including loan amount, down payment, interest rate, and term to calculate your monthly payment, total interest, and view an amortization schedule. Use the advanced options to include property tax, insurance, and PMI. Compare different loan options or calculate refinancing benefits.
Features
- Basic Mortgage Calculation - Calculate monthly payments, total interest, and total cost for your mortgage.
- Advanced Options - Include property tax, insurance, PMI, and extra payments in your calculations.
- Loan Comparison - Compare different loan options side by side to find the best one for you.
- Amortization Schedule - View a detailed breakdown of each payment over the life of your loan.