Mortgage Calculator
Estimate monthly mortgage payments, total interest, amortization schedule, early payoff, and rate comparisons for home loans.
Loan details
Adjust the numbers — results update instantly.
Payment method
Fixed monthly payment — 等额本息
Amount financed: $320,000.00
360 months · type any years or pick a preset
1 = January … 12 = December
First payment: Nov 2026
Early repayment
Rate comparison
Results
Amortizing · $320,000.00 · 6.5% APR · 30 yr · starts Nov 2026
- Monthly payment
- $2,022.62
- Total interest
- $408,140.64
- Total paid
- $728,140.64
- Payoff date
- Oct 2056
- Payoff time
- 30 yr
- First payment
- Nov 2026
Rate comparison
Same method (Amortizing) and term — no extra payments.
| APR | Payment | Interest | Total paid |
|---|---|---|---|
| 6.5% | $2,022.62 | $408,140.64 | $728,140.64 |
| 7.5% | $2,237.49 | $485,490.91 | $805,490.91 |
| 8.5% | $2,460.52 | $565,792.71 | $885,792.71 |
Method comparison
Same loan amount, APR, and term — no extra payments · balloon due in 5 yr.
| Method | Payment | Interest | Total paid |
|---|---|---|---|
| 30 yr | $2,022.62 | $408,140.64 | $728,140.64 |
| 30 yr | $2,622.22 | $312,866.27 | $632,866.27 |
| 30 yr | $1,733.33+ balloon $320,000.00 | $623,998.80 | $943,998.80 |
| 24 yr 4 biweekly | $1,011.31 | $314,144.71 | $634,144.71 |
| 5 yr | $2,022.62+ balloon $299,554.97 | $100,912.17 | $420,912.17 |
Amortization schedule
Showing 24 of 360 periods
| # | Date | Payment | Principal | Interest | Extra | Balance |
|---|---|---|---|---|---|---|
| 1 | Nov 2026 | $2,022.62 | $289.29 | $1,733.33 | $0.00 | $319,710.71 |
| 2 | Dec 2026 | $2,022.62 | $290.85 | $1,731.77 | $0.00 | $319,419.86 |
| 3 | Jan 2027 | $2,022.62 | $292.43 | $1,730.19 | $0.00 | $319,127.43 |
| 4 | Feb 2027 | $2,022.62 | $294.01 | $1,728.61 | $0.00 | $318,833.42 |
| 5 | Mar 2027 | $2,022.62 | $295.61 | $1,727.01 | $0.00 | $318,537.81 |
| 6 | Apr 2027 | $2,022.62 | $297.21 | $1,725.41 | $0.00 | $318,240.60 |
| 7 | May 2027 | $2,022.62 | $298.82 | $1,723.80 | $0.00 | $317,941.78 |
| 8 | Jun 2027 | $2,022.62 | $300.44 | $1,722.18 | $0.00 | $317,641.34 |
| 9 | Jul 2027 | $2,022.62 | $302.06 | $1,720.56 | $0.00 | $317,339.28 |
| 10 | Aug 2027 | $2,022.62 | $303.70 | $1,718.92 | $0.00 | $317,035.58 |
| 11 | Sep 2027 | $2,022.62 | $305.34 | $1,717.28 | $0.00 | $316,730.24 |
| 12 | Oct 2027 | $2,022.62 | $307.00 | $1,715.62 | $0.00 | $316,423.24 |
| 13 | Nov 2027 | $2,022.62 | $308.66 | $1,713.96 | $0.00 | $316,114.58 |
| 14 | Dec 2027 | $2,022.62 | $310.33 | $1,712.29 | $0.00 | $315,804.25 |
| 15 | Jan 2028 | $2,022.62 | $312.01 | $1,710.61 | $0.00 | $315,492.24 |
| 16 | Feb 2028 | $2,022.62 | $313.70 | $1,708.92 | $0.00 | $315,178.54 |
| 17 | Mar 2028 | $2,022.62 | $315.40 | $1,707.22 | $0.00 | $314,863.14 |
| 18 | Apr 2028 | $2,022.62 | $317.11 | $1,705.51 | $0.00 | $314,546.03 |
| 19 | May 2028 | $2,022.62 | $318.83 | $1,703.79 | $0.00 | $314,227.20 |
| 20 | Jun 2028 | $2,022.62 | $320.56 | $1,702.06 | $0.00 | $313,906.64 |
| 21 | Jul 2028 | $2,022.62 | $322.29 | $1,700.33 | $0.00 | $313,584.35 |
| 22 | Aug 2028 | $2,022.62 | $324.04 | $1,698.58 | $0.00 | $313,260.31 |
| 23 | Sep 2028 | $2,022.62 | $325.79 | $1,696.83 | $0.00 | $312,934.52 |
| 24 | Oct 2028 | $2,022.62 | $327.56 | $1,695.06 | $0.00 | $312,606.96 |
Estimates only. Actual lender terms, fees, taxes, and insurance may differ. Not financial advice.
Mortgage FAQ
How much house can I afford with this mortgage calculator?
Enter a home price and down payment to see the financed amount, then review the monthly payment and total interest. Lenders also weigh income, debts, and credit — this tool estimates payment math only.
Should I choose a 15-year or 30-year mortgage?
Shorter terms usually mean higher monthly payments but far less interest. Use the term presets and rate comparison to see the tradeoff for your numbers.