Mortgage Calculator
Estimate the monthly payment on a home loan, including taxes and insurance, and see exactly how much goes to interest over the life of the loan.
Read the guide: How to Calculate Your Monthly Mortgage PaymentHome & loan
Monthly extras
Estimated monthly payment
$2,497.62
Loan amount $320,000 · paid off in 30 yr
- Principal & interest
- $2,022.62
- Taxes, insurance & HOA
- $475.00
- Total interest
- $408,142
- Total of payments
- $728,142
Monthly payment
$2,497.62
- Principal & interest81%
- Property tax14%
- Insurance5%
Amortization schedule
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $307 | $1,716 | $316,423 |
| 2 | $328 | $1,695 | $312,607 |
| 3 | $349 | $1,673 | $308,535 |
| 4 | $373 | $1,650 | $304,191 |
| 5 | $398 | $1,625 | $299,555 |
| 6 | $425 | $1,598 | $294,609 |
| 7 | $453 | $1,570 | $289,332 |
| 8 | $483 | $1,539 | $283,701 |
| 9 | $516 | $1,507 | $277,694 |
| 10 | $550 | $1,472 | $271,284 |
| 11 | $587 | $1,436 | $264,444 |
| 12 | $626 | $1,396 | $257,147 |
| 13 | $668 | $1,354 | $249,361 |
| 14 | $713 | $1,310 | $241,053 |
| 15 | $761 | $1,262 | $232,189 |
| 16 | $812 | $1,211 | $222,732 |
| 17 | $866 | $1,157 | $212,641 |
| 18 | $924 | $1,098 | $201,874 |
| 19 | $986 | $1,037 | $190,386 |
| 20 | $1,052 | $971 | $178,129 |
| 21 | $1,123 | $900 | $165,051 |
| 22 | $1,198 | $825 | $151,097 |
| 23 | $1,278 | $745 | $136,208 |
| 24 | $1,363 | $659 | $120,323 |
| 25 | $1,455 | $568 | $103,373 |
| 26 | $1,552 | $470 | $85,289 |
| 27 | $1,656 | $366 | $65,993 |
| 28 | $1,767 | $256 | $45,405 |
| 29 | $1,885 | $137 | $23,438 |
| 30 | $2,012 | $11 | $0 |
Estimates for planning only, not financial advice. Actual payments depend on your lender, credit, PMI and escrow.
How it works
- 1
Enter the home price
Add the price and your down payment. The loan amount updates as you type.
- 2
Set the rate and term
Put in the interest rate and how many years you want to borrow over.
- 3
Read the breakdown
See the monthly payment, the split between principal and interest, and the full schedule.
Instant & 100% private — nothing is uploaded
Every calculation runs locally in your browser. The income, balances and goals you enter stay on your own device and are never sent to a server — nothing is stored, logged or shared.
Frequently asked questions
- What does the monthly payment include?
- The headline figure combines principal and interest plus the property tax, home insurance and any HOA fee you enter. Lenders call this PITI.
- How can I pay my mortgage off faster?
- Add an extra amount to principal each month in the "extra principal" field. Even a small amount shortens the term and cuts total interest noticeably.
- Why is so much of my early payment interest?
- Interest is charged on the outstanding balance, which is highest at the start. As the balance falls, more of each payment goes to principal — the schedule shows this shift.
- Is this financial advice?
- No. These are estimates to help you plan and compare options. Your real figures depend on your lender, taxes and personal situation, so check with a qualified professional before deciding.