Mortgage Calculator | Monthly Payment, Interest, Payoff Date

Mortgage calculator with amortization table to estimate monthly payment, loan amount, interest rate, or loan term for a simple home loan setup. Includes down payment, start date, payoff date, result chart, and full amortization schedule.

Use this mortgage calculator to estimate your loan payment, home price, interest rate, or loan term, then review the payoff date and full amortization schedule.

Common ways to use this calculator:

Budget a home purchase: test price, down payment, and rate to find a monthly payment you can afford.
Compare lender offers: change the rate or term to see how much interest and total mortgage payments change.
Plan full housing costs: open Advanced options to include property taxes, insurance, mortgage insurance, and other recurring ownership costs.

What the calculator shows:

Loan payment and Total out-of-pocket per month
Total mortgage payments, total interest, and payoff timing
A full amortization table with principal, interest, ending balance, and payment dates

The base mortgage schedule remains separate from ownership costs, so you can compare the loan itself against broader housing expenses.

Loan Amount

Min 1

Payment

Min 0.01

Annual interest rate

%

Min -5, max 100

Loan Term

year(s)

Min 0, max 100

months

Min 0, max 11.99

Down payment down-payment-help

%

Min 0, max 300000

Start date

day	month	year

Loan payment:

0.00

Total out-of-pocket:

0.00

Loan principal (amount - down payment):

0.00

Down payment:

0.00

Total number of payments:

0

Total interest payments:

0.00

Total mortgage payments:

0.00

Total taxes, insurance and other costs:

0.00

Total payments:

0.00

Mortgage payoff date:

-

Housing costs breakdown

	Monthly	Total payments
Total mortgage payments	0.00	0.00
Property taxes	0.00	0.00
Home insurance	0.00	0.00
Mortgage insurance	0.00	0.00
Other costs	0.00	0.00
Total out-of-pocket	0.00	0.00

Mortgage Calculator FAQ

How do I calculate a mortgage payment?
Enter home price, down payment, interest rate, and loan term. The calculator estimates the mortgage payment, total mortgage payments, total interest, payoff date, and amortization schedule.

What is the difference between loan payment and total out-of-pocket?
Loan payment covers the mortgage principal and interest only. Total out-of-pocket adds recurring ownership costs such as property taxes, insurance, mortgage insurance, and other housing costs when Advanced options are enabled.

Does the amortization table include taxes and insurance?
No. The amortization table stays focused on the mortgage itself: beginning balance, interest, principal, total mortgage payment, and ending balance. Taxes and insurance are shown separately in the housing-cost breakdown.

Can I estimate payoff date and full mortgage cost?
Yes. The calculator uses the start date and repayment schedule to estimate the payoff date, and it shows total mortgage payments, total interest, and a full period-by-period amortization table.

» Mortgage Calculator

Initial Data

Result

See also:

Mortgage Calculator FAQ