Mortgage Calculator
Calculate your monthly mortgage payments and total interest
Loan Details
Enter your mortgage information
$
$
%
$
$
$
How to Use This Calculator
1. Enter Home Price
The total purchase price of the home you're considering.
2. Set Down Payment
The amount you'll pay upfront. Typically 20% to avoid PMI, but can be less.
3. Choose Loan Term
Common terms are 15 or 30 years. Shorter terms mean higher monthly payments but less total interest.
4. Enter Interest Rate
The annual interest rate for your mortgage. This varies based on credit score, market conditions, and loan type.