Mortgage Calculator

Estimate your fixed-rate mortgage payment in USD. Adjust the loan amount, annual interest rate, or term and see the monthly payment, total interest, and total repayment update instantly.

Loan Details

Loan Amount

Annual Interest Rate (%)

Loan Term (Years)

Results

Monthly Payment

$477.42

Total Interest Paid

$71,869.48

Total Repayment Amount

$171,869.48

How it worksMonthly payment = P × [ r(1 + r)^n / ((1 + r)^n - 1) ], where P is the loan amount, r is the monthly interest rate, and n is the number of payments. If the interest rate is 0%, the monthly payment is simply principal ÷ number of payments.