Mortgage Calculator

Calculate your monthly mortgage payment, total interest, and view amortization schedule. Free mortgage calculator with down payment and PMI options.

How to Calculate Mortgage Payments

  1. 1 Enter the home price and your down payment amount
  2. 2 Set the interest rate and loan term
  3. 3 Optionally add property tax, insurance, and PMI costs
  4. 4 View your monthly payment breakdown and total costs
  5. 5 Check the amortization schedule to see principal vs interest over time

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Last updated: January 15, 2026 · v2.1