Mortgage Calculator
Work out your monthly mortgage payment, total interest and total cost from the loan amount, rate and term.
Was this tool helpful?
Thanks for the feedback!
Estimate your monthly mortgage payment and see the total interest and total amount you'll pay over the life of the loan. Enter the loan amount, annual interest rate and term in years.
How to use it
Fill in the three fields and click Calculate payment. Comparing options? Try the Car Loan Calculator, EMI Calculator and Compound Interest Calculator.
Frequently asked questions
Does this include taxes and insurance?
No — it calculates principal and interest only. Property tax, home insurance and any PMI are on top of this figure.
How is the monthly payment calculated?
Using the standard amortization formula, which spreads principal and interest evenly across every month of the term.