Mortgage Calculator
Calculate your US/UK mortgage monthly payment, total interest, and full amortization schedule.
Loan Amount
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Monthly Payment
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Total Interest
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Total Payment
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Formula
Monthly Payment = P × r × (1 + r)^n / [(1 + r)^n – 1]
where P is the loan amount after down payment, r is the monthly rate, and n is total months.
| Month | Payment | Principal | Interest | Balance |
|---|
Key Features
Calculate monthly mortgage payments
Based on home price, down payment, rate, and term
Full amortization schedule
Supports US and UK mortgage calculations
Frequently Asked Questions
What does this mortgage calculator estimate?
It estimates monthly mortgage payments, total interest, and the full amortization schedule based on home price, down payment, interest rate, and loan term.
Does it work for US and UK mortgages?
Yes, it supports common mortgage calculations for both the US and UK markets.
Is this mortgage calculator free?
Yes, this mortgage calculator is free to use online.
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