Finance Tools
Mortgage Calculator
Estimate your monthly mortgage payment based on loan amount, interest rate, and term.
Enter your loan details to estimate your monthly mortgage payment and total interest over the life of the loan.
How to use this mortgage calculator
- Enter the total mortgage loan amount.
- Enter the annual interest rate (APR).
- Enter the mortgage term in years (e.g. 30).
- Click Calculate to see monthly payment, total payment, and total interest.
Example
For a $300,000 mortgage at 4.5% over 30 years, this calculator helps you understand:
- Your monthly mortgage payment.
- Total amount paid over 30 years.
- Total interest cost of the mortgage.
More tools in Finance Tools
- Loan Payment Calculator
Calculate monthly payment for a fixed-rate loan.
- Home Affordability Calculator
Estimate how much house you can afford based on your income, debts, and loan terms.
- Amortization Calculator
Generate a full amortization schedule with monthly principal and interest breakdown.
- Refinance Calculator
Compare your current mortgage with a new refinance offer and see monthly savings, total interest saved, and breakeven point.