Mortgage Calculator
Monthly mortgage payment
Use this when you need a fast, accurate result — no sign-up, works entirely in your browser.
Monthly payment—
Total paid—
How to Use
- Enter your details into the fields above.
- Click the calculate button to get your result instantly.
- Use the clear button to start a new calculation.
Example
- $400,000 home, $80,000 down, 6.5%, 30 years → ≈ $2,022.62/month; total ≈ $728,142.36
- $400,000 home, $80k down, 6%, 30 years → Monthly ≈ $1,918.56; total paid ≈ $690,682.20
Formula
Loan = price − down payment, then monthly = L × r × (1+r)n ÷ ((1+r)n − 1). A bigger down payment cuts both the monthly payment and the total interest. This covers principal and interest only — property tax, insurance and PMI are extra.
About Mortgage Calculator
Monthly mortgage payment. This free online tool gives you fast, accurate results without registration or downloads.
Everything runs locally in your browser, so your data is never uploaded or stored — privacy first.
Frequently Asked Questions
Is the Mortgage Calculator free to use? +
Yes, the Mortgage Calculator is completely free with no registration, login, or download required.
Is my financial data private? +
Yes. All calculations happen locally in your browser. Your numbers are never uploaded or stored on our servers.
Can I use the Mortgage Calculator on mobile? +
Yes, it works on any device — phone, tablet, or desktop — with instant results.