finance

Mortgage Calculator

Calculate your monthly mortgage payment, total interest, and amortization schedule.

Inputs

Enter the required values for the calculation

Results

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whatIs

Calculate your monthly mortgage payments, total interest, and amortization schedule. Essential tool for home buyers and real estate investors.

howTo

Enter the home price, your planned down payment amount, the annual interest rate (typically 6-8% in current markets), and select your loan term (30-year offers lower payments, 15-year saves on interest). The calculator will show your monthly payment, total interest paid, and total cost of the home over the life of the loan.