FINANCIAL CALCULATOR

Mortgage Calculator

Estimate your monthly principal and interest payment based on the home price, down payment, interest rate, and loan term. See how these factors affect the amount financed and total interest.

Enter your values below. The results and chart update automatically.

Mortgage details

$
$
%
years

Minimum: 1 year

Estimated monthly payment $0
Amount financed $0
Total interest $0
Total loan payments $0

Important: This estimate includes principal and interest only. Your actual monthly payment may be higher and may include property taxes, homeowners insurance, PMI, HOA fees, and other housing costs.

Understanding your mortgage

Each monthly payment includes principal and interest. Over time, the interest portion generally decreases while more of each payment goes toward principal.

This estimate assumes a fixed interest rate and equal monthly payments.

Want to learn more about how mortgages work?

Learn about mortgages