Use this mortgage calculator to estimate the monthly cost of owning a home and see how an extra monthly principal payment may change payoff time and total interest.
When this calculator is useful
When to use the mortgage calculator
See when to use the mortgage calculator and which inputs to compare for your situation.
Try it in situations like these
Enter Home price (USD) and Down payment (USD) to calculate the result for your current situation.
Change Home price (USD) while keeping Down payment (USD) the same to see how much the result changes.
Compare Annual interest rate (%) separately before relying on the result, and verify any conditions not included in the inputs.
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Open the calculator
Run your own numbers instantly.
Understand the calculation
See how the result is calculated.
Read the guide
See the step-by-step instructions.