Mortgage Calculator
Estimates your monthly mortgage payment (principal & interest) and total interest.
Every calculation runs instantly in your browser, so your inputs are never sent to a server, and the tool is free with no sign-up. You can save the results as an Excel file with live formulas and reuse them later.
Inputs
- Loan amount ($)
- Interest rate (APR) (%)
- Loan term (years)
Example calculation
Monthly payment (P&I): $2,528.27
| Loan amount | $400,000 |
|---|---|
| Total of payments | $910,178 |
| Total interest | $510,178 |
| Term | 360 months |
Method & notes
Principal & interest only. Property tax, homeowners insurance, PMI and HOA are not included. Estimate.
Tips
Change any input and the result recalculates in real time. After downloading the Excel file, you can reuse it by editing only the yellow input cells.
FAQ
How does the Mortgage Calculator work?
Estimates your monthly mortgage payment (principal & interest) and total interest. Principal & interest only. Property tax, homeowners insurance, PMI and HOA are not included. Estimate.
Can I save the results?
Yes. You can download the results for free as an Excel (.xlsx) file with live formulas that recalculate when you change the yellow input cells.
Is it free?
Yes — all Calcova calculators are free, and you can save results as an Excel file.