Mortgage Calculator

Plan your future home with precision. Calculate payments, analyze interest, and visualize your loan payoff timeline.

Loan Details

$
$
20.0% of value

Additional Costs (Optional)

$
$
$
$

Monthly Payment Breakdown

Estimated recurring costs based on your inputs.
$0
Total Monthly Payment
Property Tax
$250
Home Insurance
$100
Loan Amount
$0
Total Interest Paid
$0
Total Cost of Loan
$0

Key Takeaways

• Over 30 years, you will pay $0 in interest alone.

• Your monthly payment is dominated by Taxes & Fees.

• A higher deposit could significantly reduce your monthly payments and total interest paid.

How to Use This Mortgage Calculator

Buying a home is one of the biggest financial decisions you'll ever make. This calculator is designed to give you a comprehensive view of what homeownership actually looks like financially, beyond just the listing price.

  • Loan Details: Enter your property value, down payment, interest rate, and loan term.
  • Currency Support: Toggle between major currencies like USD, EUR, GBP, and more to suit your location.
  • Repayment Type: Toggle "Interest Only Repayments" to see how payments change if you are not paying down the principal.
  • Hidden Costs: Don't forget to add Property Tax, Home Insurance, and HOA fees to get a realistic monthly payment figure.
  • Amortization: Switch to the "Amortization Schedule" tab to see how much of your payment goes towards principal vs. interest over time.

Why Calculate Early?

Understanding your affordability before you start looking at houses is crucial. It prevents "house fever" and ensures you don't overextend yourself. Use the slider to stress-test your budget against higher interest rates or lower down payments.

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