Loan & Mortgage Calculator
Estimate your monthly payment, total interest, and payoff for any loan amount, rate, and term — instantly.
Frequently asked questions
What does this calculator include?
Principal and interest only. It excludes property tax, insurance, and HOA, which lenders often add to your real monthly payment.
Why choose a shorter term?
A 15-year term costs far less total interest than 30-year, though the monthly payment is higher. Compare both to see the trade-off.
Is the rate fixed or variable?
This assumes a fixed rate for the whole term. Adjustable-rate loans change over time and are harder to project.