Mortgage Calculator
Estimate mortgage payments and view amortization schedules.
About Mortgage Calculator
Punch in a home price, down payment, interest rate, and loan term — this tool instantly shows your estimated monthly payment broken down into principal and interest. Adjust any number and the results update right away, making it easy to compare a 15-year loan against a 30-year one or see how an extra half-point on the rate changes what you owe each month.
The amortization schedule is where things get genuinely useful. It lays out every single payment across the life of the loan, showing exactly how much goes toward interest versus principal at each stage. Early payments are mostly interest, and watching that ratio shift over the years gives you a clearer picture of long-term cost than any headline rate ever could.
It fits naturally alongside other finance tools, and if you're also weighing a car loan or personal debt, Loan Calculator covers those scenarios in the same straightforward style. Works best on a tablet or desktop where you can see the full amortization table without scrolling.
How to use
This tool calculates your monthly mortgage payment based on loan details and associated costs. • Enter your loan amount in the text field (required) • Use the sliders to adjust mortgage years (1-50) and interest rate (0.1-50%) • Fill in annual tax and annual insurance amounts • Click the CALCULATE button to see results The calculator shows four key outputs: • Principle & Interest: Your base monthly payment • Tax: Monthly portion of annual property tax • Insurance: Monthly portion of annual insurance • Total Monthly Payment: Complete amount you'll pay each month • Use your mouse to drag sliders or click to set values • Type numbers directly into text fields • All currency amounts accept decimal values • Results update only when you click CALCULATE • The tool validates that required fields are filled before calculating This helps you plan mortgage affordability by showing the complete monthly cost including taxes and insurance, not just the loan payment.
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