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Mortgage & Home Loan Calculator

Model the full cost of a home loan - principal, interest, tax, insurance and HOA - and see exactly what extra payments would save you.

Figures in US Dollar

Property details

Price, deposit, term and rate

The asking price or your offer

Down Payment

20.0% of the purchase price

360 monthly payments

%

Current average: 6.5-7.5% depending on term and deposit

Saving keeps the scenario in this browser only. Nothing is uploaded, and no account is required.

Mortgage results

Estimated Monthly Payment

$2,528

(Principal & Interest only)

20% or more deposit - no mortgage insurance expected.

Total Loan Amount
$400,000
Total Interest
$510,178
Total of All Payments
$910,178
Interest % of Total
56.1%

Complete monthly breakdown

Principal & Interest
$2,528
Property Tax
$0
Home Insurance
$0
HOA Fees
$0
Total Monthly
$2,528

Mortgage charts

Where your payment goes

The first month, split into its parts

  • Principal14%
  • Interest86%

Interest vs principal

How each yearly payment is split, stacked to the full payment

Amortization trajectory

Outstanding balance by year

Amortization schedule

360 payments · every instalment split into principal and interest

360 of 360 rows

Amortization schedule for the selected mortgage, monthly view
#1 · Y1$2,528$362$2,167—$2,167$399,638
#2 · Y1$2,528$364$2,165—$4,331$399,275
#3 · Y1$2,528$366$2,163—$6,494$398,909
#4 · Y1$2,528$368$2,161—$8,655$398,542
#5 · Y1$2,528$370$2,159—$10,814$398,172
#6 · Y1$2,528$372$2,157—$12,970$397,801
#7 · Y1$2,528$374$2,155—$15,125$397,427
#8 · Y1$2,528$376$2,153—$17,278$397,052
#9 · Y1$2,528$378$2,151—$19,429$396,674
#10 · Y1$2,528$380$2,149—$21,577$396,295
#11 · Y1$2,528$382$2,147—$23,724$395,913
#12 · Y1$2,528$384$2,145—$25,868$395,529

Model: nominal rate compounded monthly, equal (annuity) repayments, taxes and insurance held constant, no fees or early-repayment penalties. Mortgage insurance is indicated at 0.6% of the loan while the deposit is under 20%. Figures are illustrative - confirm the final numbers with your lender.