Mortgage Calculator

Calculate your monthly mortgage payments, total interest, and see your complete amortization schedule.

Loan Information

Home Price ($)

Down Payment ($)

Loan Term (Years)

Interest Rate (%)

Property Tax (Annual $)

Home Insurance (Annual $)

Payment Breakdown Chart

Visual representation of principal vs interest over time

How to Use

Step 1: Enter Home Details

Input the home price and your down payment amount.

Step 2: Set Loan Terms

Choose loan duration and current interest rate.

Step 3: Add Additional Costs

Include property taxes and insurance costs.

Step 4: Calculate

Get instant results with detailed breakdown.

Mortgage Tips

Larger down payments reduce monthly payments
Shorter loan terms save on total interest
Shop around for the best interest rates

Consider property taxes and insurance
Factor in closing costs and fees
Plan for emergency funds