Mortgage Calculator

Estimate monthly mortgage payments and long-term interest costs.

Loan amount

280,000.00

Monthly payment

1,546.17

Total paid

556,621.33

Total interest

276,621.33

FAQ

How is monthly mortgage payment calculated?

It uses the standard amortization formula based on loan amount, annual interest rate, and term length.

Does this include taxes and insurance?

No. This version estimates principal and interest only, not property tax, HOA, or insurance.

Can I compare down payment impact?

Yes. Changing the down payment instantly updates loan amount, monthly payment, and total interest.