NO. T-0903 · Wealth & Investing
Mortgage Calculator
- Free · no signup
- Runs in your browser
About this tool
Monthly payment, total interest and true cost of a home loan.
Before you fall in love with a property, know what it really costs. This calculator shows your monthly principal and interest, adds property tax and insurance, and reveals how much interest you pay over the life of the loan.
How to use it
- 01Enter the property price and your down payment percentage.
- 02Set the interest rate and loan term in years.
- 03Optionally add yearly property tax and insurance to get the full monthly cost.
True monthly cost
Principal, interest, tax and insurance in one number.
Total interest
See what the bank earns over the life of the loan.
Compare terms
Try 15 vs 25 vs 30 years in seconds.
Frequently asked questions
Which formula is used?
The standard amortisation formula: P × r ÷ (1 − (1 + r)^−n), where r is the monthly rate and n the number of monthly payments.
Does a bigger down payment help?
Yes — it lowers the loan amount, the monthly payment and the total interest, and may remove mortgage insurance.
Is this an offer of credit?
No. It's an estimate; lenders add fees and use their own rates.
Guetix · Custom
Real-estate agency or developer?
I build property websites with listings, calculators and lead capture that convert.
I'm Hamza — a full-stack developer building fast, SEO-first products.
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Results are estimates for informational purposes only and are not financial, tax or legal advice.