What's included in the monthly payment?

Principal and interest. You can optionally add property tax and insurance estimates.

Can I compare fixed vs variable rates?

Run the calculator twice with different rates to compare monthly payments.

How does the deposit affect my payments?

A larger deposit reduces the loan amount, lowering both monthly payments and total interest.

Is stamp duty included?

This calculator focuses on mortgage payments. Use a separate stamp duty calculator for purchase costs.

Mortgage Calculator

Calculate mortgage payments and total interest costs. Instant, accurate, free.

No sign-up Batch convert 100% free

Home Price ($)

Down Payment (%)

Interest Rate (%)

Loan Term (years)

Property Tax ($/mo)

Insurance ($/mo)

Estimated Monthly Payment

$1,866.96

Principal & Interest$1,516.96/mo

Property Tax$250.00/mo

Home Insurance$100.00/mo

Down Payment

$60,000.00

Loan Amount

$240,000.00

Total Interest

$306,106.77

How useful is Mortgage Calculator?

How to Use Mortgage Calculator

Enter the property price

Enter the property price and your deposit amount

Set the mortgage interest

Set the mortgage interest rate

Choose the mortgage term

Choose the mortgage term (typically 25 or 30 years)

View monthly payments

View monthly payments, total cost, and interest breakdown

Frequently Asked Questions

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