Mortgage Calculator

Estimate monthly mortgage payments with our easy calculator. Compare loan options and plan financing with greater confidence.
Home financing

Mortgage Calculator

Estimate your monthly payment, see the full amortization schedule, and find out how much extra payments can save you.

Property
Loan
Taxes & insurance

PMI is automatically removed once your balance falls to 78% of the home price.

Extra payments & schedule

Total monthly payment $2,236.46
Principal & interest$1,769.79
Property tax /mo$350.00
Home insurance /mo$116.67
PMI /mo$0.00
HOA /mo$0.00
Extra payment /mo$0.00
Loan amount$280,000
Total interest$357,125
Total principal$280,000
Total cost of loan$805,125
Estimated payoff dateAug 05, 2056
Interest saved$0
Time saved0m

Principal vs. interest

Remaining balance over time

Amortization schedule

# Date Beginning balance Payment Principal Interest Ending balance
1Sep 05, 2026$280,000.00$1,769.79$253.12$1,516.67$279,746.88
2Oct 05, 2026$279,746.88$1,769.79$254.49$1,515.30$279,492.38
3Nov 05, 2026$279,492.38$1,769.79$255.87$1,513.92$279,236.51
4Dec 05, 2026$279,236.51$1,769.79$257.26$1,512.53$278,979.25
5Jan 05, 2027$278,979.25$1,769.79$258.65$1,511.14$278,720.60
6Feb 05, 2027$278,720.60$1,769.79$260.05$1,509.74$278,460.54
7Mar 05, 2027$278,460.54$1,769.79$261.46$1,508.33$278,199.08
8Apr 05, 2027$278,199.08$1,769.79$262.88$1,506.91$277,936.20
9May 05, 2027$277,936.20$1,769.79$264.30$1,505.49$277,671.90
10Jun 05, 2027$277,671.90$1,769.79$265.73$1,504.06$277,406.16
11Jul 05, 2027$277,406.16$1,769.79$267.17$1,502.62$277,138.99
12Aug 05, 2027$277,138.99$1,769.79$268.62$1,501.17$276,870.37
13Sep 05, 2027$276,870.37$1,769.79$270.08$1,499.71$276,600.29
14Oct 05, 2027$276,600.29$1,769.79$271.54$1,498.25$276,328.75
15Nov 05, 2027$276,328.75$1,769.79$273.01$1,496.78$276,055.74