Basic Mortgage Calculator

Calculate your monthly payment and amortization schedule

Loan Information

💱 Currency & Loan Amount

$
The total price of the property
Taxes/fees paid to register the property
$
Calculated from home price + transaction tax
$
20%
$

📊 Loan Terms

Annual interest rate for the loan

🏡 Housing Costs

Annual property tax rate as a percentage of home price
$
Estimated yearly homeowners insurance
$
Monthly homeowner association fees (if any)

Calculation Results

Principal & Interest $0
Total Monthly Payment $0
Total Interest $0
Total Cost $0
Payoff Time 30 years
Monthly Payment Split $0
Principal & Interest
$0
Taxes
$0
Insurance
$0
HOA Fees
$0
Quick Insights
Interest Share --
Total Housing Costs $0
Avg Monthly Cost $0
What-if scenarios
Rate sensitivity
Rate -0.5% $0
Rate +0.5% $0
Down payment impact
10% down $0
20% down $0
30% down $0

📋 Comprehensive Loan Summary

Principal Amount: $0
Rate Type: --
Year 1 Interest: $0
Year 5 Balance: $0
Halfway Balance: $0
Transaction Taxes: $0
Cash to Close: $0
Assumptions (monthly)
Rate Type --
Taxes $0
Insurance $0
HOA Fees $0

Payment Breakdown

Amortization Over Time

View
Chart options
Used only for equity line.

Advanced Calculator

Detailed analysis with extra payments and scenarios

⚡ Extra Payments

$
$
Monthly extra equals $0 per year.

🎯 Target Payoff

See the extra needed to finish by a target year.

Estimate extra needed to finish by target term.
$

💡 Loan Comparison

Scenario
Standard Loan
With Extra Payments
Savings
Total Term
30 years
--
--
Total Interest
$0
$0
$0
Total Cost
$0
$0
$0

📉 Payoff Impact

Original Payoff Date --
New Payoff Date --
Months Saved --
Interest Saved $0

📌 Advanced Insights

Interest Saved (%) --
Term Reduction (%) --
Interest Saved per Month Saved --
Monthly Outflow (P&I + extras) --

Loan Comparison

Compare different financing options side by side

Scenario A

$
$

🏡 Housing Costs

$
$

Scenario B

$
$

🏡 Housing Costs

$
$

Totals include taxes, insurance, and HOA when provided.

Comparison Results

Metric
Scenario A
Scenario B
Difference (A - B)
Loan Amount
$0
$0
$0
Principal & Interest
$0
$0
$0
Total Monthly Payment
$0
$0
$0
Total Interest
$0
$0
$0
Total Cost
$0
$0
$0
Payoff Time
--
--
--

Affordability Analyzer

Determine how much house you can afford

Financial Information

$
After-tax monthly income
$
Choose the total DTI ratio you are willing to assume

🔎 Loan Assumptions

30 years
$

Your Buying Power

Maximum Home Price $0
Maximum Monthly Payment $0
Debt-to-Income Ratio 0%

Formula (approx.)

  • Max Housing Payment = (Net Income × DTI%) − Monthly Debts
  • Max P&I Payment = Max Housing Payment − Optional Costs (if included)
  • Max Loan Amount = Max P&I Payment × ((1+r)^n − 1) / (r × (1+r)^n)
  • Max Home Price = Max Loan Amount + Down Payment

r is the monthly interest rate, n is the total number of payments; optional costs are excluded unless enabled.

Reports & Analysis

Detailed amortization schedule and financial analysis

Report uses base loan (no extra payments).

Generated on --
Currency --

Report Summary

Loan Amount $0
Rate Type --
Interest Rate (%) --
Loan Term --
Payoff Time --
Principal & Interest $0
Total Monthly Payment $0
Total Interest $0
Total Cost $0

Amortization Schedule

Payment # Date Total Payment Principal Interest Balance
Generate report to view amortization schedule

More Tools

Optional calculators beyond the core flow

🏠 Buy vs Rent

Compare owning vs renting over time.

$
$
$
Advanced assumptions
$
$
Verdict -- --
Net Advantage (Buy - Rent) $0
Net Cost to Own $0
Total Rent Cost $0
Avg Monthly (Buy) $0
Avg Monthly (Rent) $0
Estimated Equity $0
Break-even --

♻️ Refinance

Estimate savings from a new loan.

Current Loan

$

New Loan

$
Verdict -- --
Monthly Savings $0
Current Payment $0
New Payment $0
Remaining Interest $0
New Interest $0
Break-even (months) --
Interest Savings $0

💾 Scenario Presets

Save and reload full input sets.

Up to 5 saved scenarios.