Calculate monthly mortgage payments and amortization schedules
Calculate your monthly mortgage payments, total interest, and loan details with our comprehensive mortgage calculator.
Fill in the loan amount, interest rate, and term to see your mortgage calculations.
Our mortgage calculator uses the standard mortgage payment formula: M = P[r(1+r)^n]/[(1+r)^n-1], where M is the monthly payment, P is principal, r is the monthly interest rate, and n is the number of payments.
More frequent payments can reduce total interest paid over the life of the loan.
Comprehensive methodology and accuracy information
This mortgage calculator is designed to provide accurate calculations for your specific needs. Our calculators are thoroughly tested and follow industry standards to ensure reliable results.
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