Mortgage Calculator
Calculate your monthly mortgage payment, total interest, and view a full amortization schedule.
Monthly payment
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Loan amount
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Down payment
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Total interest
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Total paid
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Payment Breakdown
Balance Over Time
Amortization — Annual Breakdown
Year-by-Year Details
| Year | Principal Paid | Interest Paid | Total Payment | Remaining Balance | Cumulative Interest | Equity |
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How It Works
Enter the home price, down payment percentage, annual interest rate, and loan term. The tool calculates your monthly principal-and-interest payment using the standard amortisation formula, then builds a full amortisation schedule showing how each payment splits between principal and interest month by month.
Use Cases
- Estimating your monthly payment before applying for a mortgage
- Comparing 15-year versus 30-year loan terms
- Seeing how a larger down payment reduces total interest paid
- Planning how extra payments shorten the loan term