Our Mortgage Calculator helps you estimate monthly mortgage payments, calculate total interest paid over the life of the loan, and view amortization schedules. It's perfect for planning home purchases, refinancing, or understanding how different loan terms affect your payments.

Simply enter your loan amount, interest rate, loan term in years, and down payment amount. The calculator will automatically display your estimated monthly payment, total interest paid, and other important loan details.

A longer loan term (like 30 years) results in lower monthly payments but higher total interest paid over the life of the loan. A shorter term (like 15 years) means higher monthly payments but significantly less interest paid overall.

Yes, you can include property taxes, homeowners insurance, and PMI (Private Mortgage Insurance) in your calculation to get a more accurate estimate of your total monthly housing costs.

An amortization schedule shows how each payment is applied to both principal and interest over the life of your loan. It helps you understand how your loan balance decreases over time and how much interest you're paying each month.

Yes, we take data security seriously. Your mortgage information is processed locally in your browser and never sent to our servers. This ensures complete privacy and security of your financial information.

Absolutely! Our calculator works for fixed-rate mortgages, and you can adjust parameters to approximate payments for other loan types. You can compare different scenarios by changing loan amounts, interest rates, and terms.