Mortgage Calculator
Estimate your monthly mortgage payment and total interest from home price, down payment, rate, and term.
Inputs
Results
Loan Amount
$320,000
Monthly Payment (P&I)
$2,022.62
Total Interest Paid
$408,142.36
How it's calculated
The loan amount is the home price minus the down payment. The monthly payment then follows the amortized-loan formula M = P·r ÷ (1 − (1 + r)^−n), with r the monthly rate and n the number of months.
Related calculators
- Tip Calculator
Calculate the tip, total bill, and per-person split for any restaurant check.
- Loan Payment Calculator
Estimate your monthly payment and total interest for any fixed-rate loan.
- Compound Interest Calculator
See how your savings or investment grows over time with compound interest.
- Salary Calculator (Hourly to Annual)
Convert your hourly wage into weekly, monthly, and annual salary figures instantly.
- Auto Loan Calculator
Estimate your monthly car payment including down payment and trade-in value.
- CD Calculator
Calculate the value of a certificate of deposit at maturity from its APY and term.