Finance & Real Estate

🏠 Mortgage & Loan Payment Calculator

Estimate your monthly mortgage payments, total interest costs, and view a complete amortization payment schedule. Compare 15-year vs 30-year terms with customized interest rates.

Home Value / Loan Amount ($)

Down Payment ($)

Loan Term (Years)

Interest Rate (%)

Estimated Monthly Payment (P&I)

$2,022

Principal Borrowed $320,000

Total Interest Paid $408,187

Total Cost of Loan $728,187

Mortgage Formula (Fixed Rate Amortization)

Monthly payment is calculated using the standard formula: M = P [ i(1 + i)^n ] / [ (1 + i)^n - 1 ], where P is principal, i is monthly interest rate, and n is total months. All calculations occur locally in your browser.