Calculate monthly mortgage payments with down payment, interest rate, term, tax and insurance.
What is the Mortgage Calculator?
Buying a house or flat? Enter the property price, down payment, interest rate and loan term to see your monthly payment, the loan amount, total interest and total cost. Add yearly property tax and insurance for a more realistic monthly figure.
How to use the Mortgage Calculator
- Enter the home price and down payment %.
- Enter the interest rate and term.
- Add taxes/insurance if needed and read the monthly payment.
Frequently asked questions
How much down payment do I need?
Many banks ask for 15–30%. A bigger down payment lowers your monthly payment and total interest.
This mortgage calculator is 100% free, needs no signup and runs in your browser, so your data stays private.
Last updated: · By NodifyTech