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Mortgage Calculator

Estimate the monthly payment on a fixed-rate mortgage. Enter the home price, your down payment, the annual interest rate and the loan term to see the monthly payment, total interest and a yearly repayment summary — all in your browser. These results are estimates for general information only and are not financial, investment or tax advice. Actual figures depend on the terms of your lender or provider and your local tax rules. 100% Local

How to Use the Mortgage Calculator

Type the price of the home you want to buy, the down payment you can make, the annual interest rate your lender quoted and the number of years you will repay over. Press Calculate and the tool returns the estimated monthly payment plus the total you will pay over the life of the loan.

What the numbers mean

Tips

A larger down payment or a shorter term lowers total interest but raises the monthly payment. Compare a 15-year and a 30-year term to see the trade-off before you talk to a lender.

Features

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