Mortgage Calculator
Calculate your monthly mortgage payment with taxes, insurance, PMI, and extra payments. Full amortization schedule, free and private.
($80,000 of the home price)
Total monthly payment
Loan amount
Total interest
Payoff date
Total paid
Loan balance
Amortization schedule
| Year | Principal paid | Interest paid | Extra paid | Balance |
|---|---|---|---|---|
| 1 | $3,577 | $20,695 | $0 | $316,423 |
| 2 | $3,816 | $20,455 | $0 | $312,607 |
| 3 | $4,072 | $20,200 | $0 | $308,535 |
| 4 | $4,345 | $19,927 | $0 | $304,191 |
| 5 | $4,636 | $19,636 | $0 | $299,555 |
| 6 | $4,946 | $19,325 | $0 | $294,609 |
| 7 | $5,277 | $18,994 | $0 | $289,332 |
| 8 | $5,631 | $18,641 | $0 | $283,701 |
| 9 | $6,008 | $18,264 | $0 | $277,694 |
| 10 | $6,410 | $17,861 | $0 | $271,284 |
| 11 | $6,839 | $17,432 | $0 | $264,444 |
| 12 | $7,297 | $16,974 | $0 | $257,147 |
| 13 | $7,786 | $16,485 | $0 | $249,361 |
| 14 | $8,308 | $15,964 | $0 | $241,053 |
| 15 | $8,864 | $15,407 | $0 | $232,189 |
| 16 | $9,458 | $14,814 | $0 | $222,732 |
| 17 | $10,091 | $14,180 | $0 | $212,641 |
| 18 | $10,767 | $13,505 | $0 | $201,874 |
| 19 | $11,488 | $12,784 | $0 | $190,386 |
| 20 | $12,257 | $12,014 | $0 | $178,129 |
| 21 | $13,078 | $11,193 | $0 | $165,051 |
| 22 | $13,954 | $10,317 | $0 | $151,097 |
| 23 | $14,888 | $9,383 | $0 | $136,208 |
| 24 | $15,886 | $8,386 | $0 | $120,323 |
| 25 | $16,949 | $7,322 | $0 | $103,373 |
| 26 | $18,085 | $6,187 | $0 | $85,289 |
| 27 | $19,296 | $4,976 | $0 | $65,993 |
| 28 | $20,588 | $3,683 | $0 | $45,405 |
| 29 | $21,967 | $2,305 | $0 | $23,438 |
| 30 | $23,438 | $833 | $0 | $0 |
Features
100% Browser-Based
Your home price, down payment, and rate never leave your device. All math runs locally in your browser.
Free & No Sign Up
No registration, no limits, no hidden fees. Open the page and start calculating.
Instant Results
Every keystroke updates your monthly payment, interest total, and payoff date in real time.
Full PITI Breakdown
Principal & interest plus property tax, home insurance, HOA fees, and PMI that drops off automatically at 80% LTV.
Extra Payments & Early Payoff
Add monthly or yearly extra payments and instantly see how much interest you save and how many years come off the loan.
Amortization Schedule & Export
Year-by-year principal vs interest table, balance chart for the whole loan, and one-click CSV download of every month.
How to Calculate a Mortgage Payment?
- Enter the home price and your down payment — switch between dollars and percent anytime.
- Set the loan term and interest rate quoted by your lender.
- Optionally open Taxes & Insurance to add property tax, home insurance, HOA, and PMI.
- Read your total monthly payment with a full breakdown, plus total interest and payoff date.
- Add extra monthly or yearly payments to see interest saved, then download the schedule as CSV.
What Can You Do With This Mortgage Calculator?
House Hunting & Budgeting
Before falling in love with a listing, plug in the price and see the true monthly cost including taxes and insurance, so you shop within a budget you can actually afford.
Comparing Loan Offers
Lenders quote rates that look close — 6.25% vs 6.5% — but over 30 years the difference is huge. Enter each offer and compare total interest side by side.
Planning an Early Payoff
Test how an extra $100, $200, or $500 per month changes your payoff date and total interest, and find the extra payment that fits your budget.
Deciding on a Down Payment
See how 10% versus 20% down changes the loan amount, whether PMI applies, when it disappears, and what the monthly payment becomes in each case.
Mortgage Tips
- ✓ A 15-year term usually carries a lower rate than a 30-year one — compare both to see the total interest gap.
- ✓ PMI typically costs 0.5%–1.5% of the loan per year; reaching 20% down can remove it entirely.
- ✓ One extra mortgage payment per year on a 30-year loan can cut roughly 4–6 years off the term.
- ✓ Property tax and insurance often rise over time, so treat the escrow estimate as a starting point, not a lifetime fixed cost.
- ✓ Even small rate differences compound: on a $320,000 loan, 0.25% is roughly $17,000 of interest over 30 years.