Get started
Free Calculator

Mortgage Calculator

Enter your loan amount, interest rate, and term to instantly see your monthly payment and total interest.

—
Monthly payment
—
Total paid
—
Total interest

Runs entirely in your browser — free, private, no sign-up.

Questions answered

Frequently asked questions

Everything you might be wondering about the Mortgage Calculator.

How is the monthly mortgage payment calculated?
Using the standard amortization formula based on loan amount, monthly interest rate (annual rate ÷ 12), and total number of payments (years × 12). It does not include taxes, insurance, or HOA fees.
Does this include property tax and insurance?
No — this calculates principal and interest only. Add your local property tax and insurance estimates separately for a full monthly cost picture.
Is it free and private?
Yes — it runs entirely in your browser, free, with nothing uploaded.
See it in action

A worked example

Real input, real output — so you know what to expect before you run it yourself.

Quick example
Sample input
$300,000 loan, 6.5% rate, 30 years
Sample output
Monthly payment $1,896 — total interest $382,633.
More free tools

Try a related tool

Hand-picked free tools that pair well with the Mortgage Calculator.

Loan Amortization Schedule
Free loan amortization schedule — full month-by-month breakdown of principal, interest, and balance.
Try it
Business Loan Calculator
Free business loan calculator — monthly payment, total interest, and total repayable for any loan.
Try it
Compound Interest Calculator
Free compound interest calculator — project savings growth with contributions and compounding frequency.
Try it
From the blog

Read next

Practical reads on the topics this tool touches.

How Much Does AI Automation Cost in 2026? Real Numbers, No Sales Call
How Much Does AI Automation Cost in 2026? Real Numbers, No Sales Call
What does it really cost to automate your business? This honest 2026 guide breaks down real price ranges, the savings you can…
Read article →
Claude Opus 4.8 vs GPT-5.5: Which One Should You Actually Use?
Claude Opus 4.8 vs GPT-5.5: Which One Should You Actually Use?
Claude Opus 4.8 edges GPT-5.5 by just two points overall — but the average hides the real story. We break down who…
Read article →
How to Respond to Google Reviews: Good & Bad Examples (Copy-Ready)
How to Respond to Google Reviews: Good & Bad Examples (Copy-Ready)
Your reply to a review is read by your next customer, not just the reviewer. Here's how to respond to good and…
Read article →

Service

Company

Newsletter

Join our newsletter to receive automation tips, product updates, and business insights.

Follow Us

© 2026 Parix.ai. All rights reserved.
Parix.ai AI and development studio