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Mortgage / Loan Calculator

Check your monthly payment, total interest, and how much faster you could pay off the loan with extra monthly payments.

Adjust your numbers

Down payment

Enter a fixed dollar amount. Set to 0 for a standard personal loan estimate.

Calculations update as you type.

Loan details

Purchase price
$400,000
Monthly payment
$2,075.51
Principal $275.51 ยท Interest $1,800.00
PMI (estimated)
$0.00/mo
Down payment
$80,000 (20%)
Loan amount
$320,000
Total interest
$427,185
Total cost (overlife of loan)
$827,185
Interest saved
$0

If you pay extra

Monthly payment with extra
$2,075.51
Projected payoff time
30y 0m
Months saved
0
Total interest with extra
$427,185
Total cost with extra
$827,185

Quick notes

This calculator focuses on principal and interest only. Property taxes, insurance, PMI, and HOA dues are not included.

For a personal loan, set the down payment to 0 and enter the full borrowed amount as the purchase price.