Mortgage Calculator

Calculate Your Monthly Mortgage Payments

Use this simple mortgage calculator to estimate your monthly payments based on the loan amount, interest rate, and loan term. Whether you’re planning to buy a new home or refinance, this tool can help you understand what to expect.

How to Use the Mortgage Calculator:

• Enter Loan Amount: The total amount you plan to borrow.

• Set Interest Rate: The annual interest rate for your mortgage.

• Choose Loan Term: The number of years to repay the loan (e.g. 15, 20, or 30 years).

• Add Down Payment (Optional): The upfront payment you plan to make.

The calculator will automatically show your estimated monthly payment.

Why Use a Mortgage Calculator?

• Quickly check if a property fits your budget.

• Compare different loan terms and interest rates.

• Plan your finances better before applying for a mortgage.

Disclaimer

This mortgage calculator provides an estimate for informational purposes only. Actual loan terms, rates, and conditions may vary based on your lender.