Finance
Mortgage Calculator
Estimate monthly mortgage payments and total interest.
Monthly payment
โ
Total interest
โ
Total paid
โ
FAQ
- How is the monthly mortgage payment calculated?
- It uses the standard amortization formula: M = P ยท r ยท (1 + r)^n / ((1 + r)^n โ 1), where P is the loan amount, r the monthly interest rate, and n the number of monthly payments.
- Does this include taxes and insurance?
- No. This estimates principal and interest only. Property tax, insurance and HOA fees are not included.
- Is my data sent anywhere?
- No. The calculation runs entirely in your browser; nothing is uploaded.