Mortgage Calculator

Mortgage payment estimate

Monthly payment
Total interest
Total paid
Amortization table (first 12 months)
#PrincipalInterestBalance

How to use Mortgage Calculator

  1. Enter the loan amount, interest rate, and term.
  2. The monthly payment, total interest, and full amortization schedule calculate instantly.
  3. Adjust any input to see how a different rate, term, or down payment changes your payment.

Example

$400,000 loan at 6.5% over 30 years: gives a monthly principal + interest payment around $2,528 — the tool also breaks out cumulative interest paid over the life of the loan.

Limitations

  • Covers principal and interest only — property tax, homeowners insurance, PMI, and HOA fees vary by location and lender and aren't included unless you add them manually.

About this tool

Mortgage Calculator is a single-purpose utility on instant.tw, a free toolbox of calculators, converters, generators, and quick lookups. Everything works in your browser — nothing is uploaded, nothing is stored on a server unless explicitly noted.

Category: Loans & Mortgages — US. Browse more Loans & Mortgages — US tools.