Mortgage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home’s sale price, the term of the loan desired, buyer’s down payment percentage, and the loan’s interest rate. If you are in need of financing, visit our financing page.



		
		Calculate Mortgage Payment Amount	

	
		

			

				Main Specifications

				
					
					
						
							Loan Balance
									
			
		
								
						
							
							$
						
					
							
			
			
				Enter the total amount of money you have borrowed or plan to borrow. This is the initial loan amount or the remaining balance if you're calculating a current loan			
		
						

				
					
					
						
							Interest Rate
									
			
		
								
						
							
							 % 
						
					

							
			
			
				Enter the annual interest rate for your loan, expressed as a percentage. This is the rate at which interest will accrue on the loan balance.			
		
						


				
				
					Loan Term
										
						
							
							years
						

						
							
							months
						
					
				

				
					Payment frequency
					
						
					
				

				
					
					
						
							Date of first payment
						
						
					

				
			

			
		

		

			
				Your Results:

				
					Monthly payment		
					
						0			
					
				
				
					Total payment		
					
						0			
					
				
				
					Total Interest		
					
						0			
					
				

				
			

			

				
					
					Save results:				

				
										
						Email Address
						
						
					

									

				

			
		
	

	

		
			
				
						
								Period
								Date Payment
								Opening Balance
								Monthly Principal
								Monthly Interest
								Closing Balance

For more info on mortgages:

Mortgage Lending | Center for Responsible Lending