Mortgage Calculator
Calculate your monthly mortgage payments, total interest, and amortization schedule for home loans.
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🏠Mortgage Calculator
Monthly Payment
$0.00
Loan Amount
$240,000.00
Total Interest
$0.00
Total Payment
$0.00
Down Payment
$60,000.00
Loan Amortization
Amortization Schedule
| Year | Principal | Interest | Remaining |
|---|
How to Use This Calculator
- Enter the home price and your down payment amount
- Set your loan term (typically 15 or 30 years)
- Input the interest rate offered by your lender
- Review your monthly payment and total interest
Frequently Asked Questions
How accurate is this mortgage calculator?
This calculator uses standard mortgage formulas to provide accurate estimates of principal and interest payments. However, actual payments may vary based on property taxes, insurance, and other factors specific to your loan.
Does this calculator include property taxes and insurance?
You can include property taxes and insurance in your calculation by entering them in the appropriate fields. This will give you a more complete picture of your total monthly housing costs.
What Users Say
"This calculator is so intuitive and easy to use. Helped me make better decisions!"
"I use this tool almost daily. So much better than complicated spreadsheets!"
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About Mortgage Calculator
Our mortgage calculator provides a simple yet powerful way to calculate your monthly mortgage payments, total interest, and amortization schedule for home loans. Whether you're a professional in the field or just need quick calculations, this tool is designed to save you time and provide accurate results.
This calculator is completely free to use and requires no registration or personal information. All calculations are performed directly in your browser, ensuring your data remains private and secure.
Key Features
- Payment estimates
- Amortization tables
- Interest calculations
- Down payment options
We're constantly working to improve our calculators based on user feedback. If you have suggestions for additional features or improvements, please contact us.