Buying a home is one of the biggest financial decisions you’ll make—make sure you’re fully prepared. Our Home Loan Mortgage Calculator helps you estimate your monthly mortgage payments, total loan cost, and interest over time. Whether you’re a first-time homebuyer or refinancing, use this tool to plan your budget and home loan strategy with clarity.
Benefits of using our calculator:
Understand how much you’ll pay each month, including principal and interest.
See the total loan cost over 15, 20, or 30 years.
Compare different interest rates, down payments, and loan durations.
Prepare your budget by factoring in taxes, insurance, and other costs.
Enter the loan amount (total borrowed).
Select your interest rate (APR).
Choose your loan term (15, 20, or 30 years).
Click Calculate to see your monthly payment and loan summary.
The calculator includes:
Principal – the loan balance you’re repaying
Interest – cost of borrowing money
Taxes & Insurance – optional but recommended for realistic budgeting
For a full breakdown of each monthly payment, try our Amortization Schedule Calculator.