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Finance

Mortgage Calculator

Estimate monthly mortgage payments and total interest.

Monthly payment

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Total interest

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Total paid

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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 โˆ’ 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.

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