Mortgage Payment Calculator
Calculate your monthly mortgage payments with our free online tool
Calculator Inputs
$
$
20.0% of home price
Your Results
Monthly Payment
$2,456.35
Loan Amount$400,000
Down Payment$100,000
Interest Rate5.5%
Amortization25 years
Total Costs
Total Interest$336,904.99
Total Cost$736,904.99
About This Calculator
How it works
This calculator uses the standard mortgage payment formula to estimate your monthly payments. It includes principal and interest but excludes property taxes, insurance, and other costs.
Important Notes
- • Results are estimates only
- • Actual rates may vary
- • Consult a mortgage professional
- • Rates change frequently