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Mortgage Calculator

Calculate your monthly mortgage payment, total interest, and loan breakdown.

Monthly Payment

$1,770

Loan Amount

$280,000

Total Interest

$357,125

Total Paid

$637,125

Payoff Date

2056

Principal vs Interest

Principal (44%)Interest (56%)

About Mortgage Calculators

This calculator estimates your monthly mortgage payment based on the home price, down payment, interest rate, and loan term. The calculation uses the standard amortization formula. Results update instantly as you adjust inputs.

A larger down payment reduces your monthly payment and total interest paid. Shorter loan terms (15 years vs 30) mean higher monthly payments but significantly less interest over the life of the loan.