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Mortgage Calculator

Estimate your monthly mortgage payment, total interest, and full amortization schedule. Adjust down payment, interest rate, and loan term to see how they affect your payment.

Loan Details

Home Price

Down Payment

Loan amount: $320,000.00 · LTV: 80.0%

Interest Rate (%)

Loan Term (Years)

Additional Costs (Yearly)

Property Tax

Home Insurance

HOA Fees (Monthly)

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USA mortgage formulas

Estimated Monthly Payment

$2,322.62

Principal & Interest: $2,022.62+ Tax/Ins/HOA: $300.00

Total Payment

$728,142.36

Total Interest

$408,142.36

Monthly Breakdown

Principal & Interest$2,022.62

Property Tax$200.00

Home Insurance$100.00

Loan Summary

Loan Amount$320,000.00

Down Payment$80,000.00

Down Payment %20.0%

Interest Rate6.5%

Loan Term30 Years

No of Payments360

Payoff DateApr 2056

15-Year Fixed

$3,087.54/mo

Total interest: $181,757.84

Save on total interest

30-Year Fixed

$2,322.62/mo

Total interest: $408,142.36

Lower monthly payment

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