Mortgage Calculator
Estimate your monthly mortgage payment based on loan amount, annual interest rate, and loan term. All calculations are performed locally in your browser—no data is sent to any server.
Calculator Inputs:
- Loan Amount: The principal amount borrowed (in dollars)
- Annual Interest Rate: The yearly interest rate as a percentage (e.g., 6.5 for 6.5%)
- Loan Term: The total number of years to repay the loan
Estimated Monthly Payment:
Monthly Payment: $—
Total Amount Paid: $—
Total Interest Paid: $—
⚠️ Important Disclaimers:
- Loan Amount Only: This calculator estimates payments based solely on the loan principal, interest rate, and term. It does NOT include:
- Property taxes
- Homeowners insurance
- HOA fees
- PMI (Private Mortgage Insurance)
- Origination fees, closing costs, or points
- Prepayment penalties or other adjustments
- Not Financial Advice: This tool is for educational estimation purposes only. It is not professional financial, tax, or legal advice. Always consult with a qualified mortgage lender, financial advisor, or tax professional for accurate loan quotes and personalized recommendations.
- Accuracy: Results are approximate. Actual payments may vary based on your lender's terms, fees, and market conditions.