Mortgage Calculator
Estimate the monthly payment on a home loan, including taxes and insurance, and see exactly how much goes to interest over the life of the loan.
Work out a monthly mortgage payment and see where the money goes. Enter the home price, down payment, interest rate and term to estimate home loan repayments, split principal from interest, and read a full amortization schedule.
Read the guide: How to Calculate Your Monthly Mortgage PaymentHome & loan
Monthly extras
Estimated monthly payment
$2,497.62
Loan amount $320,000 · paid off in 30 yr
- Principal & interest
- $2,022.62
- Taxes, insurance & HOA
- $475.00
- Total interest
- $408,142
- Total of payments
- $728,142
Monthly payment
$2,497.62
- Principal & interest81%
- Property tax14%
- Insurance5%
Amortization schedule
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $307 | $1,716 | $316,423 |
| 2 | $328 | $1,695 | $312,607 |
| 3 | $349 | $1,673 | $308,535 |
| 4 | $373 | $1,650 | $304,191 |
| 5 | $398 | $1,625 | $299,555 |
| 6 | $425 | $1,598 | $294,609 |
| 7 | $453 | $1,570 | $289,332 |
| 8 | $483 | $1,539 | $283,701 |
| 9 | $516 | $1,507 | $277,694 |
| 10 | $550 | $1,472 | $271,284 |
| 11 | $587 | $1,436 | $264,444 |
| 12 | $626 | $1,396 | $257,147 |
| 13 | $668 | $1,354 | $249,361 |
| 14 | $713 | $1,310 | $241,053 |
| 15 | $761 | $1,262 | $232,189 |
| 16 | $812 | $1,211 | $222,732 |
| 17 | $866 | $1,157 | $212,641 |
| 18 | $924 | $1,098 | $201,874 |
| 19 | $986 | $1,037 | $190,386 |
| 20 | $1,052 | $971 | $178,129 |
| 21 | $1,123 | $900 | $165,051 |
| 22 | $1,198 | $825 | $151,097 |
| 23 | $1,278 | $745 | $136,208 |
| 24 | $1,363 | $659 | $120,323 |
| 25 | $1,455 | $568 | $103,373 |
| 26 | $1,552 | $470 | $85,289 |
| 27 | $1,656 | $366 | $65,993 |
| 28 | $1,767 | $256 | $45,405 |
| 29 | $1,885 | $137 | $23,438 |
| 30 | $2,012 | $11 | $0 |
Estimates for planning only, not financial advice. Actual payments depend on your lender, credit, PMI and escrow.
How it works
- 1
Enter the home price
Add the price and your down payment. The loan amount updates as you type.
- 2
Set the rate and term
Put in the interest rate and how many years you want to borrow over.
- 3
Read the breakdown
See the monthly payment, the split between principal and interest, and the full schedule.
Instant & 100% private — nothing is uploaded
Every calculation runs locally in your browser. The income, balances and goals you enter stay on your own device and are never sent to a server — nothing is stored, logged or shared.
Frequently asked questions
- What does the monthly payment include?
- The headline figure combines principal and interest plus the property tax, home insurance and any HOA fee you enter. Lenders call this PITI.
- How can I pay my mortgage off faster?
- Add an extra amount to principal each month in the "extra principal" field. Even a small amount shortens the term and cuts total interest noticeably.
- Why is so much of my early payment interest?
- Interest is charged on the outstanding balance, which is highest at the start. As the balance falls, more of each payment goes to principal, and the schedule shows this shift.
Important
For information and planning only — not financial, tax or legal advice. These figures are estimates; rates, fees and rules vary, so confirm anything that affects a real decision with a qualified professional or the official source.
More tools
More from the Hivly network
Free sister tools on our other sites.
