Mortgage Calculator
Educational calculators — always consult a licensed professional before making financial decisions.
Your loan
The price you agree with the seller, not the listing or the appraisal. The loan and down payment are both worked out from it.
Enter dollars or switch to a percentage. Under 20% down, a conventional lender usually adds PMI, which this payment does not include.
$80,000 of home price
Loan amount $320,000 · 20% down
Use the rate from a lender quote or your Loan Estimate. Credit score, down payment and points all move it.
A shorter term raises the monthly payment but cuts the total interest sharply.
Lowest monthly payment. Most popular choice. Pay significantly more interest over the life of the loan.
360 monthly payments
Est. monthly payment
$2,076
principal & interest
Where your payment goes
Based on
Principal vs. Interest Over Time
This calculator provides estimates for educational purposes only. Actual payments may differ based on taxes, insurance, PMI, and lender terms. Consult a licensed mortgage professional.
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Mortgage Calculator is built and maintained by the RealCostIQ editorial team. Cost ranges and rates are checked against published industry data and contractor quotes, and revised when the underlying figures move. Read our data methodology or more about who builds this. Every calculation runs in your browser — no account, and none of your inputs are stored.
Cost ranges and rates here are checked against contractor quotes and published industry data. If a number still looks off, email Support@RealCostIQ.com and we'll review and fix it.