Mortgage Payment Calculator
Estimate your monthly mortgage payment. Enter loan amount, interest rate, and loan term to see monthly payment, total cost, and total interest.
Total amount borrowed
Annual mortgage interest rate
15 or 30 years are common
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Monthly Payment
About the Mortgage Payment Calculator
This free mortgage calculator estimates your monthly payment using the standard amortization formula. Works for mortgages, auto loans, and any fixed-rate amortized loan. See your monthly payment, total repayment, and total interest at a glance.
Example: $300,000 loan at 6.5% for 30 years — Monthly payment ~$1,896.
How to use: Enter the loan amount, annual interest rate, and loan term in years. Results update instantly.
Disclaimer: This calculator is for informational purposes only. Results are estimates and should not be considered financial advice. Verify important calculations independently.