Mortgage Calculator
Know Your Monthly Payment

Instantly calculate your mortgage payment including principal, interest, taxes, and insurance. Compare 15 vs 30 year terms, see amortization, and plan your home purchase with confidence.

✅ PITI breakdown⚡ Amortization schedule📊 Term comparison🔒 100% free

Calculate Payment →

🏠$2,147Monthly Payment
📉$189kTotal Interest
2.5M+Mortgage Calculations
30yr/15yrTerm Options
360 mo.Full Amortization
100%Free Forever
<1sInstant Results

What is the Mortgage Calculator?

A complete home loan analysis tool that calculates your monthly PITI (Principal, Interest, Taxes, Insurance) and generates a full amortization schedule. Enter home price, down payment, loan term, and interest rate — we show you exactly what you’ll pay each month and over the life of the loan.

Understand how extra payments save interest, compare loan terms side-by-side, and see how much of your payment goes to principal vs interest each year. Perfect for first-time buyers, refinancing homeowners, and real estate investors.

🏡 First-time buyer🔄 Refinance📈 Investor🧮Standard mortgage formulaUses M = P [ i(1+i)^n ] / [ (1+i)^n – 1 ] for precise monthly payments.📋Full amortization tableYear-by-year principal vs interest breakdown for entire loan term.

Everything you need to plan your mortgage

From monthly payments to lifetime interest — complete clarity.

PITI Payment Breakdown

Principal, Interest, Taxes, Insurance — see exactly where your monthly payment goes.

→ No surprise costs

Full Amortization Schedule

Year-by-year table showing principal paid, interest paid, and remaining balance.

→ Track equity building

15 vs 30 Year Comparison

See payment difference and total interest savings of shorter term loans.

→ Optimize your term

Extra Payment Calculator

Add bi-weekly payments or extra monthly principal — see interest saved and years shaved off.

→ Pay off mortgage faster

Down Payment Impact

Adjust down payment percentage from 3% to 20%+ and see PMI and payment changes.

→ Minimize PMI costs

Property Tax & Insurance

Include annual taxes and homeowners insurance for true monthly housing cost.

→ Realistic affordability

How the Mortgage Calculator works

Four inputs → complete mortgage analysis.

1

Home Price & Down Payment

Enter purchase price and down payment %

2

Loan Term & Interest Rate

Choose 15, 20, or 30 years + current rate

3

Taxes & Insurance

Add annual property tax and home insurance

4

Get Full Analysis

Monthly payment + amortization schedule

The power of understanding your loan

Knowledge saves thousands in interest and helps you buy the right home.

✓Know your true affordability

Payment includes taxes and insurance — not just principal and interest. No surprises at closing.

✓Compare loan offers objectively

Different rates and points? See which lender saves you the most over time.

✓Understand amortization

See that early payments go mostly to interest — and how extra payments flip the script.

✓Plan for PMI elimination

Once you reach 20% equity, PMI drops. Our calculator shows when that happens.

✓Refinance confidently

Compare current mortgage vs refinance offer to see break-even timeline.

Mortgage planning for every home buyer

From first-time buyers to seasoned investors — actionable insights.

🏠

First-Time Home Buyers

• Estimate monthly payment before shopping
• See impact of down payment size
• Understand PMI and how to avoid it
• Compare 15 vs 30 year affordability
• Plan for property taxes & insurance

🔄

Homeowners Considering Refinance

• Compare current vs new payment
• Calculate break-even point on closing costs
• See lifetime interest savings
• Test rate drop scenarios
• Evaluate cash-out refinance options

📈

Real Estate Investors

• Analyze cash flow on rental properties
• Compare interest-only vs amortizing
• Project equity growth timeline
• Evaluate portfolio leverage
• Stress-test rate increases

💡

Financial Advisors & Agents

• Provide clients with accurate payment estimates
• Show affordability ranges quickly
• Demonstrate rate vs price trade-offs
• Build trust with transparent tools
• Close deals with confident buyers

Built on standard mortgage math

Same formulas used by banks and lenders — completely free, no signup.

01

Standard mortgage formula

Uses M = P [ i(1+i)^n ] / [ (1+i)^n – 1 ] — industry standard for payment calculation.

02

Full amortization logic

Year-by-year breakdown of principal, interest, and remaining balance for entire term.

03

No data storage

All calculations stay in your browser. We never see or store your financial information.

CFPB mortgage guide →Mortgage rate trends →

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Free, accurate, and private — no subscription required.

Mortgage questions answered

Everything about payments, amortization, and home financing.

Know your true mortgage payment today

Join 2.5 million+ home buyers and owners who use SEOScaleUp to calculate their mortgage. No signup, no fees, complete privacy.

Calculate My Mortgage →View sample amortization✓ PITI breakdown ✓ Amortization table ✓ 100% free