Mortgage Calculator

Calculate monthly mortgage payments, total interest, and see a full amortization schedule.

$
$
%
%/yr
$/mo
Monthly Payment$2,679
Principal & Interest$2,129
Total Interest$446,428
Total Cost$1,044,428
Loan Amount$320,000
How this is calculated

Monthly P&I = L × [r(1+r)ⁿ] / [(1+r)ⁿ−1], where L = loan amount, r = monthly rate, n = payments