Mortgage Calculator
Calculate your monthly mortgage payment and the total interest you'll pay over the term. Runs entirely in your browser.
Estimate only, not financial advice. Excludes taxes, insurance, and fees, which vary by country and lender. For Indian home loans, see our EMI Calculator. Your inputs never leave your device.
Calculate your monthly mortgage payment and total interest over the loan term. A general home-loan payment tool that works for any currency.
How to use
- Enter the loan amount, annual interest rate, and term in years.
- Calculate to see the monthly payment, total interest, and total paid.
Frequently asked questions
How is a mortgage payment calculated?
It's worked out from your loan amount, interest rate, and number of months, giving the same payment each month that covers the interest plus a part of what you borrowed.
Does this include taxes and insurance?
No. It covers only principal and interest. Property taxes, insurance, and fees vary by country and lender, so your actual monthly outgo may be higher.
For an Indian home loan, should I use this or the EMI Calculator?
They use the same math. Our EMI Calculator is framed for Indian home, car, and personal loans; this Mortgage Calculator uses currency-neutral formatting for a global audience.