Mortgage Calculator

This mortgage calculator gives a detailed breakdown of your mortgage and calculates payment schedules over your full amortization. You may also enter extra lump sum and pre-payment amounts

We also generate graphs, summaries of balances, payments, and interest over the life of your mortgage.

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Summary
Mortgage Summary
Amortization Period25 Years
Mortgage Payment$1,918.68, monthly
Interest Rate1.59%
Purchase Price$500,000.00
Down Payment$25,000.00
Loan Amount$475,000.00
Interest Paid$100,602.21
Total Payments$575,602.21
First Term Summary
Term length3 years
Payments$69,072.84
Interest Paid$21,492.30
Principal Paid$47,580.54
Balance at end of term$427,419.46
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