Calculate your monthly mortgage payments, see amortization schedule, and compare different loan options. Includes PMI, property taxes, and insurance.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| Enter loan details to see amortization schedule | |||||
A higher credit score can qualify you for lower interest rates, saving you thousands over the life of your loan.
Even one extra payment per year can significantly reduce your loan term and total interest paid.
15-year loans have lower interest rates and save more on interest, though monthly payments are higher.
Putting down 20% or more eliminates PMI and reduces your monthly payment and total loan amount.
Compare offers from multiple lenders. Even a 0.25% difference in rate can save you significantly.
If interest rates drop significantly, refinancing can lower your monthly payment and total interest.
See detailed breakdown of principal, interest, taxes, insurance, and PMI in your monthly payment.
View year-by-year or month-by-month breakdown of how your payments are applied to principal and interest.
See pie charts and graphs showing interest vs principal and total cost breakdown over the loan term.
Compare different loan terms and interest rates to find the best option for your financial situation.
Use intuitive sliders to adjust home price, down payment, interest rate, and other parameters in real-time.
All calculations are done locally in your browser. Your financial data never leaves your computer.