Mortgage Calculator

Down payment, schedule (monthly/bi-weekly/quarterly), extra payments, charts, and amortization.

Plan

Principal
—
Payment (per period)
—
Total paid
—
Total interest
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How to use this tool
  • Home price minus Down payment = principal borrowed.
  • Payment schedule chooses how often you pay; extra is added each period.
  • Extra payments reduce principal faster → less interest and earlier payoff.

Insights

Save time with extra
Add an extra amount above to see time/interest saved.
Payment formula
Payment = P × ( r × (1+r)^n ) / ( (1+r)^n − 1 )
P = price − down payment; r = APR ÷ payments per year; n = years × payments per year