Mortgage Calculator

Calculate your monthly mortgage payments with precision. Input your home price, down payment, interest rate, and loan term to see detailed breakdowns including principal, interest, and total costs. Get AI-powered insights to optimize your home financing strategy.

By Amal Ganatra

Inputs & Results

Inputs

Results

Monthly Payment
$0
Total Principal
$360,000
Total Interest
$459,186
Total Cost
$819,186
Payoff Date
Aug 2055

Extra Payments

Add lump sum payments to pay off your mortgage faster

No extra payments added yet. Click "Add Payment" to get started.

Amortization Breakdown

Visual breakdown of your mortgage showing the proportion of principal to interest over the life of the loan.

🤖

AI Mortgage Advisor

Powered by AI

Get personalized mortgage advice based on your specific numbers. Ask questions about your payments, interest rates, refinancing options, or any other mortgage-related concerns.

Hi! I'm your AI housing market expert. I verify your calculated numbers and give advice. Ask me anything! 🏠
Is this rate good?
Lower payments
15yr vs 30yr

Amortization Schedule

Detailed month-by-month payment breakdown

Date Description Interest Payment Principal Paid Balance
Calculating schedule...