Mortgage Calculator
Estimate your monthly mortgage payment.
Monthly payment
$1,896
Total payment
$682,633
Total interest
$382,633
How it works
This calculator estimates your monthly mortgage payment using the standard amortization formula M = P[r(1+r)^n] / [(1+r)^n − 1], where P is the loan principal, r is the monthly interest rate, and n is the total number of monthly payments. Results assume a fixed rate and exclude property taxes, insurance, and HOA fees. Tip: even a small rate reduction or a larger down payment can save tens of thousands over the life of the loan.