Mortgage Calculator US
Estimate your monthly mortgage payment from price, deposit, rate and term.
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Amortization schedule (yearly)
| Year | Opening | Paid / yr | Interest | Principal | Closing |
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How it works
Your monthly mortgage payment is the loan amount (price minus deposit) repaid with interest over the term. A larger deposit or shorter term lowers the total interest you pay.
Payment = P × r × (1+r)^n / ((1+r)^n − 1)- P = price − deposit
- r = monthly rate
- n = months
- This estimate covers principal and interest only — taxes, insurance and fees are extra.
Frequently asked questions
What does this mortgage estimate include?
It estimates the principal-and-interest repayment from the property price, deposit, interest rate and term. Taxes, insurance and fees are not included.
How does a bigger deposit help?
A larger deposit reduces the amount borrowed, which lowers both the monthly payment and the total interest paid over the loan.
Mortgage Calculator for United States
Estimate the monthly repayment on a home loan in United States, in USD. Enter the property price or loan amount, your deposit, the interest rate and the term, and the calculator shows your monthly payment, total interest and total repaid in $ — so you can see what a home is likely to cost before you talk to a lender.
How to use it
Adjust the loan amount, rate and term to model different scenarios. A larger deposit or a shorter term reduces the total interest, while a longer term lowers the monthly payment but costs more overall.
Plan with confidence
- Test how much home you can afford in United States.
- See the impact of a bigger deposit.
- Compare fixed terms before applying.
More questions
Does this include taxes, insurance and fees?
It estimates principal and interest only. Property taxes, building insurance, lender fees and other costs vary in United States and should be added separately.
Will my real rate stay the same?
Only if you have a fixed-rate deal for the full term. Variable rates can change, which would change your monthly payment.
Results are estimates for general guidance in United States and may not reflect the latest local rates, fees or rules. Check official sources before making decisions.