Financial Calculator
To help evaluate your alternatives
Calculate your mortgage payment

This calculator shows the payments, consisting of principal and interest, for a fixed rate loan, using monthly compounding and monthly payments.

Input
Home purchase price $
Down payment $
Interest rate on mortgage %
Amortization term of mortgage years
Results
Monthly payment
Mortgage amount
Total principal and interest payments
Total interest payments
This calculator is to be used for estimation purposes only. The financial institution is not responsible for its accuracy and the results are not guaranteed.