Mortgage Calculator
Calculate your monthly mortgage payment and total interest.
2,022.62
Monthly Payment
320,000
Loan Amount
408,142.36
Total Interest
728,142.36
Total Cost
Free online mortgage calculator. Enter the home price, down payment, annual rate and term to see the loan amount, monthly payment, total interest and total cost of the mortgage. Private and instant.
How to use the Mortgage Calculator
- 01Enter the home price and your down payment.
- 02Enter the annual interest rate and the mortgage term in years.
- 03See the loan amount, monthly payment, total interest and total cost.
Frequently asked questions
Does this include taxes and insurance?
No. It calculates principal and interest only. Property taxes, home insurance and any HOA or PMI fees are separate and vary by location.
How does the down payment affect the payment?
The down payment is subtracted from the home price to get the loan amount, so a larger down payment lowers both the monthly payment and the total interest.