📌 Overview

Calculate your monthly mortgage payment from home price, down payment, interest rate and loan term. See total interest over the life of the loan.

🏠 Mortgage Calculator

Calculate your monthly mortgage payment from home price, down payment, interest rate and loan term. See total interest over the life of the loan.

Home Price

Down Payment

Annual Interest Rate (%)

Term (years)

Enter mortgage details to see your monthly payment.

🔒 All processing happens in your browser. No data is uploaded to any server.

📋 How to Use

Enter the home price and your down payment.
Enter the annual interest rate and loan term.
See the loan amount and monthly payment instantly.
Compare scenarios by changing the down payment.

❓ FAQ

What is included in the payment?

This estimate covers principal and interest only. Property tax, home insurance and HOA fees are not included.

How much should my down payment be?

A common guideline is 20% of the home price to avoid mortgage insurance, but requirements vary by lender and country.

Can I change the term?

Yes. Try 15, 20 or 30 years to see how the term affects your monthly payment and total interest.

💡 Use Cases

🔑

Home Buying

Estimate payments before house hunting.

💰

Budgeting

See how down payment size changes your monthly cost.

📉

Refinancing

Compare a new rate against your current loan.

🔗 Related Tools

📖 Deep Dive: Mortgage Calculator

Calculate your monthly mortgage payment from home price, down payment, interest rate and loan term. See total interest over the life of the loan.

Mortgage Calculator is a free tool that runs 100% in your browser. No signup, no uploads — your data stays private. Perfect for everyday text and data tasks, saving you time and reducing mistakes.