Enter the amount you plan to borrow, the annual interest rate, and the term in years; the monthly mortgage payment, total paid, and total interest update as you type.
Mortgage Calculator Online
Estimate the monthly payment on a home loan from the amount you plan to borrow, the annual interest rate, and the term in years.
Enter those three numbers and the monthly payment, total paid over the life of the mortgage, and total interest all update as you type - there is no submit button.
Because the standard amortization formula is the same for any fixed-rate loan, you can compare a 15-year against a 30-year term, or watch how a small rate change moves the payment, before you apply.
Because a mortgage front-loads interest, the optional 12-month amortization table is useful for seeing how little of each early payment goes toward principal at the start of the term.
The math runs entirely in your browser - no upload and no account. It is illustrative only and does not include property tax, insurance, or lender fees.
For a car, student, or personal loan, the loan calculator runs the same amortization math with generic labels.
Frequently Asked Questions
What does Mortgage Calculator Online do?
Work out a loan or mortgage monthly payment from the principal, interest rate, and term.
When should I reach for mortgage calculator online?
Use it to compare loan offers or estimate a mortgage payment before you apply.
What complementary tools work well alongside mortgage calculator online?
An optional 12-month amortization table shows how each payment splits between principal and interest.